Nasdaq Futures Sink, Dow Rises Premarket As AI Chip Stocks Wobble Ahead Of Big Bank Earnings: MU, SNDK, NVTS, NVDA, SPCX, ASTS, UNH, V Stocks In Focus

As of early Tuesday, Nasdaq futures fell 0.6% and S&P 500 futures 0.1%, while Dow futures rose 0.6%, as investors looked ahead to third-quarter bank earnings from JPMorgan, Goldman Sachs, Citigroup, Wells Fargo, and UnitedHealth. AI and semiconductor stocks extended their selloff after capital-expenditure warnings from industry leaders and competition from China's CXMT, and South Korea's KOSPI fell over 6% as Samsung and SK Hynix dragged. Per IDC data, Nvidia's share of China's data-center AI chip market fell to 34% in the first half of 2026 as Huawei gained ground. Six Flags shares fell 13% after a guest died on the Goliath roller coaster in Georgia, while Visa rose over 1% after China gave it the green light to prepare a domestic bank-card clearing business. Cleveland Fed President Beth Hammack said Monday that more tightening may be needed to return inflation to 2%, ahead of September CPI data due Wednesday.

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