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Wall St futures slip after tech selloff; earnings, Fed meet in focus
The tech sector was behind much of the market recovery from the April selloff, but investors have started to take stock of the elevated valuations, sending the S&P 500 and the Nasdaq to their worst day in more than two weeks on Tuesday.
The heaviest weight on the market was Nvidia, whose chips are powering much of the move into AI. It sank 3.5%.
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