Tech stocks sell off as Nasdaq futures drop 2.8 percent
Technology stocks came under heavy selling pressure with Nasdaq 100 futures pointing to a 2.8% decline and S&P 500 futures down 1.4%.

Finance journalist at Grafa with years of experience covering Asia-Pacific financial markets at S&P Global, Mortgage Ezy, and GMA Network.
Technology stocks came under heavy selling pressure with Nasdaq 100 futures pointing to a 2.8% decline and S&P 500 futures down 1.4%.
Anchorage Digital launched a tokenised deposit platform that enables banks to issue blockchain-based representations of customer deposits.
Woodside Energy Group (ASX:WDS) executes an agreement to supply 31.1 petajoules of domestic gas to Alcoa of Australia between 2027 and 2030.
Centuria Capital Group (ASX:CNI) has raised $265 million through a completed institutional placement.
Bitcoin (CRYPTO:BTC) exchange-traded funds recorded US$226.8 million in net outflows during the week.
Greenwing Resources (ASX:GW1) has commenced its first bulk brine sampling programme at the San Jorge Lithium Brine Project.
Chainlink (CRYPTO:LINK) launched APAC Equities Streams, a new oracle service providing on-chain pricing data for major Asia-Pacific listed companies including Samsung, SK Hynix, Toyota, Sony and SoftBank.
Daly Resources (ASX:DLY) has listed on the Australian Securities Exchange following an initial public offering that raised $12 million.
Fomo, a social trading and token discovery platform, raised US$75 million in a Series B funding round led by Index Ventures that valued the company at US$550 million.
Santos (ASX:STO) has commenced continuous production at its Alaskan oil project, initially delivering 20,000 barrels per day.