Dow S&P Nasdaq drop ahead of Nvidia earnings: US stock futures today: Dow, S&P 500, Nasdaq slip as AI stocks fall and Bitcoin breaks below $90,000

US stock futures opened weaker today as pressure on major indexes deepened as investors reassessed the sustainability of this year’s sharp tech- and AI-led rally. Dow Jones, S&P 500 and Nasdaq futures fell after the S&P 500 posted three straight sessions of losses, driven by renewed caution over lofty valuations of AI-related giants such as Nvidia and Oracle. These stocks faced fresh selling on Monday as concerns grew about large amounts of debt tied to data center expansion and whether future earnings would justify current price levels.

Dow futures fell around 140 points, while S&P 500 and Nasdaq futures also fell in early trading. Bitcoin added another layer of volatility after briefly falling below $90,000 overnight. The cryptocurrency market has lost more than $1 trillion in value since October; Bitcoin alone has lost 25% of its value from its record high of around $126,000.

Investors now turn their focus to a key weekly round of gains, including Home Depot on Tuesday and Lowe’s, Target and Nvidia on Wednesday, as they look for clearer signals about consumer strength and the broader economic outlook. Treasury yields continued to fall in the second session and gold futures extended losses, reflecting changing risk sentiment in the markets.

US Stock Futures Fall Amid Tech Selloff, Nvidia Earnings Ahead

U.S. stock futures fell early Tuesday as technology stocks continued to decline. Nasdaq 100 futures fell 0.78 percent. S&P 500 futures fell 0.60 percent. Dow Jones Industrial Average futures fell 0.40%. The falls were recorded at 03:05 EST on November 18th. The weakness followed sharp selloffs in artificial intelligence and big tech stocks.

All three major indexes ended with big losses on Monday. Nasdaq Composite fell 0.84 percent. The S&P 500 fell 0.92 percent. The Dow Jones Industrial Average fell 1.18 percent. Investors are becoming cautious about the durability of the AI ​​rally and the Fed’s upcoming interest rate decision.

Is Nvidia’s earnings week shaking up the Nasdaq and the broader tech sector?

Nvidia’s third quarter earnings report will be released on Wednesday, November 19. NVDA shares lost 1.88% on Monday. Wall Street is expecting another strong quarter driven by artificial intelligence. But expectations are high, and any slowdown could weigh heavily on the Nasdaq, semiconductor stocks and the S&P 500 technology sector. Nvidia’s results will likely set the tone for the week.

What economic data will affect the Dow, S&P 500 and Nasdaq this week?

Markets are eyeing Thursday’s delayed September Nonfarm Payrolls Report. Investors are also awaiting the Fed’s October meeting minutes. Either announcement could change expectations for future rate cuts or increases, which would directly impact the Dow index and stock sentiment overall. Retail earnings are another key focus. Home Depot fell 1.19 percent. Baidu lost 1.63%. PDD Holdings fell 1.46%. These results will provide new clues about consumer spending and demand ahead of the holiday season.

How are Treasury yields, oil and gold moving today?

The 10-year U.S. Treasury yield fell toward 4.11%, helping the S&P 500 stabilize after Monday’s decline. WTI crude oil futures traded around $59.42 per barrel. Gold Spot prices fell towards $4,015 per ounce. Commodity weakness contributed to the risk-aversion mood in markets.

Why are Europe and Asia watching the US decline?

European markets opened lower on Tuesday. The zone mirrored the decline in the Dow, S&P 500 and Nasdaq as concerns about AI valuations continued.

Asia-Pacific markets also fell sharply. Hong Kong Hang Seng Index fell 1.79 percent. Shanghai Composite lost 0.81%. The Shenzhen Component fell 1.24%. Japan’s Nikkei index posted the steepest loss, falling 3.22%. Topix fell 2.88%. Investors reacted to weakness in technology and rising Japan-China trade tensions.

Which global companies are driving today’s tech and retail headlines?

Apple fell 1.82% on Monday. But the outlook for China has improved. Apple’s smartphone sales in China rose 37% in October following the launch of the iPhone 17. Alphabet gained 3.11% after CEO Sundar Pichai warned that the bursting of the AI ​​bubble would affect all companies.

Target reported its third-quarter 2025 earnings on Wednesday. TGT shares are down 34.5% year-to-date. Wall Street expects revenue to fall 1.3% to $25.33 billion. Analysts forecast adjusted earnings per share of $1.71, down 7.6% annually due to margin pressure.

Japan’s RIKEN will deploy two AI systems built with Nvidia’s GB200 NVL4 platform. One system uses 1,600 Blackwell GPUs connected via Quantum X800 InfiniBand. The systems will support research in climate science, life sciences, and advanced computing tools that blend artificial intelligence and traditional processing.