Keyword → SOX semiconductor index

Nasdaq-100 Futures Drop 1.6% Premarket as AI Selloff Enters Third Day — SOX Down 4.3%, VIX at 18.11 as Tech Rotation Deepens

Nasdaq-100 futures shed 1.6% in Friday premarket trading as the AI-semiconductor selloff extended into a third consecutive session, dragging the Philadelphia Semiconductor Index down approximately 4.3% and pushing the VIX to 18.11. Dow futures fell 0.6% and S&P 500 contracts declined 0.8%, while defensives including Consumer Staples, Healthcare, and REITs outperformed, confirming a rotation that has seen tech decline roughly 5% from its June peak even as the Dow hit a record above 53,000.