Stock futures steady after tech sell-off hits Nasdaq

U.S. stock futures were roughly flat Thursday evening after a tech sector sell-off driven by concerns that the artificial intelligence trade may be faltering, with the Nasdaq Composite posting its worst day since June. In regular trading, the S&P 500 fell 1.2% and the Nasdaq slid 2.6%, while Nvidia dropped 4.4%, Alphabet fell 3.2%, and Advanced Micro Devices declined 8.1%. Nvidia CEO Jensen Huang cited a scarcity of capital for the AI buildout, and bond yields eased as traders sought safe-haven assets. Brent crude prices spiked 4% to $113.17 following reports of potential renewed U.S.-Israel attacks on Iran. On the week, the S&P 500 is heading for a slim gain, while traders await the final University of Michigan consumer sentiment reading.