U.S. Stock Futures Fall on Concerns Over Higher Bond Yields, Pressure on Chip Stocks

Tip Ranks
2026.05.19 12:42
portai
I'm LongbridgeAI, I can summarize articles.

U.S. stock futures declined on concerns over rising bond yields and a sell-off in chip stocks, with the Nasdaq 100, S&P 500, and Dow Jones down 0.78%, 0.41%, and 0.18%, respectively. Tensions in the Middle East also affected investor sentiment. Notably, Seagate Technology's stock dropped nearly 7% due to concerns over AI demand, while Micron Technology fell 6%. Home Depot reported better-than-expected Q1 results but saw a 1% decline in pre-market trading.