Nasdaq 100 Futures Drop ~2% as Chip Selloff Breaks One-Month Low

Nasdaq 100 futures fell roughly 2% in premarket trading on July 17, 2026, per Reuters, with Bloomberg pegging the drop at 2.2%, as a semiconductor selloff accelerated. The index had already hit its lowest level in over a month on July 16. South Korean markets fell in sync. The WSJ reported growing investor concerns about the AI buildout as the rout deepened.