Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Feb. 23, 2026. <\/p>\n
Brendan Mcdermid | Reuters<\/p>\n
Stock futures were near flat Tuesday morning after a rough start to the final week of February’s trading.<\/p>\n
Futures tied to the Dow Jones Industrial Average<\/a> added 33 points, or nearly 0.1%. S&P 500 futures<\/a> were flat, while Nasdaq 100 futures<\/a> gained 0.1%.<\/p>\n Major averages fell in the regular session on renewed fears of artificial intelligence disruptions<\/a>\u00a0to various industries. President Donald Trump’s threat to hike global tariffs to 15%<\/a> and tensions between the U.S. and Iran also kept traders on edge. <\/p>\n The 30-stock\u00a0Dow<\/a>\u00a0closed lower by nearly 822 points, or about 1.7%, dragged lower by a roughly 13% loss in IBM shares<\/a>. The tech-heavy\u00a0Nasdaq Composite<\/a>\u00a0declined 1.1%, while the\u00a0S&P 500<\/a>\u00a0shed about 1% and slipped into the red for the year. <\/p>\n Software stocks such as Microsoft<\/a> and CrowdStrike<\/a> were notable losers during the session, along with cybersecurity stocks<\/a> and a slate of financial sector names.<\/p>\n “The market has lost momentum. It’s in this trading range … and there’s been a really unhealthy rotation,” Warren Pies, co-founder and strategist at 3Fourteen Research,\u00a0said Monday on CNBC’s “Closing Bell.”<\/a> “So consumer staples, energy up double-digits over the last quarter. You have tech and financials down,” <\/p>\n “I just am of the belief that you have to step back, take down your risk and wait for this range to resolve, and really, in order for it to resolve in a bullish way, it has to be tech-led,” he added. “You cannot get out of this with tech and financials continuing to do this.”<\/p>\n Pies, who downgraded U.S. equities to neutral earlier this month, believes tech stocks will see upside from fundamental strength and increasing productivity. “I think this has been a healthy pullback, a consolidation … still, the wise way to navigate that is to wait and let the market definitively break that range,” he said.<\/p>\n Heading into Tuesday, traders will keep an eye on a key event<\/a> hosted by artificial intelligence firm Anthropic, the company behind Claude. Anthropic is expected to make new product announcements and demonstrate Claude’s latest features. Anticipation of the event \u2014 and the additional disruption it could bring \u2014 contributed to declines in the software space on Monday.<\/p>\n On Tuesday, investors are awaiting consumer confidence data and Home Depot<\/a> earnings. They’re also bracing for key earnings results from Nvidia<\/a> and software names Salesforce<\/a> and Snowflake<\/a> due later this week, which could be market-moving amid the current pullback in tech.<\/p>\n","protected":false},"excerpt":{"rendered":"Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Feb.…\n","protected":false},"author":2,"featured_media":487406,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[223217,2473,23,2907,116,122,2197,1072,12,63284,120,213762,220988,221162,223633,63506,5236,18031,214220,213758,223525,223939,214219,219061,112,37881,1536,63286,121,17990,3,3487,63285,1538,178669,213761,101158,114,13212,147571,21,19,22,20,25,24],"class_list":{"0":"post-487405","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-united-states","8":"tag-gc26j","9":"tag-advanced-micro-devices-inc","10":"tag-america","11":"tag-american-express-co","12":"tag-breaking-news-markets","13":"tag-business-news","14":"tag-crowdstrike-holdings-inc","15":"tag-donald-j-trump","16":"tag-donald-trump","17":"tag-dow-jones-fut-sep25","18":"tag-dow-jones-industrial-average","19":"tag-fidelity-nasdaq-composite-index-track","20":"tag-first-trust-cloud-computing-etf","21":"tag-first-trust-nasdaq-cybersecurity-etf","22":"tag-global-x-cybersecurity-etf","23":"tag-gold-comex-dec25","24":"tag-home-depot-inc","25":"tag-international-business-machines-corp","26":"tag-invesco-qqq-trust","27":"tag-ishares-expanded-tech-software-sector-etf","28":"tag-ishares-gold-trust","29":"tag-ishares-sp-100-etf","30":"tag-ishares-semiconductor-etf","31":"tag-ishares-u-s-technology-etf","32":"tag-markets","33":"tag-mastercard-inc","34":"tag-microsoft-corp","35":"tag-nasdaq-100-fut-sep25","36":"tag-nasdaq-composite","37":"tag-newmont-corporation","38":"tag-news","39":"tag-nvidia-corp","40":"tag-sp-500-fut-sep25","41":"tag-salesforce-inc","42":"tag-snowflake-inc","43":"tag-spdr-dow-jones-industrial-average-etf-trust","44":"tag-spdr-gold-shares","45":"tag-stock-markets","46":"tag-taiwan-semiconductor-manufacturing-co-ltd","47":"tag-technology-select-sector-spdr-fund","48":"tag-united-states","49":"tag-united-states-of-america","50":"tag-unitedstates","51":"tag-unitedstatesofamerica","52":"tag-us","53":"tag-usa"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/487405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=487405"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/487405\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/487406"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=487405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=487405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=487405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}