S&P 500 futures are flat after index posts second losing day amid tech selloff: Live updates

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 5, 2026. Brendan McDermid | Reuters S&P 500 futures were little changed Monday night after a selloff in technology stocks weighed the broad market index down for the second session in a row. Futures tied to the S&P 500 were up 0.1%, while Nasdaq 100 futures rose 0.2%. Dow Jones Industrial Average futures advanced 23 points, or 0.05%. Both the S&P 500 and Nasdaq Composite posted their second straight day of losses on Monday. The broad market index slipped 0.07%, while the technology-heavy Nasdaq closed 0.51% lower. The blue-chip Dow bucked the trend, adding 159.95 points, or 0.32%. Memory chip stocks sold off on Monday, with Seagate tumbling after CEO Dave Mosley made comments at a JPMorgan conference that raised fears the company may have troubles meeting an artificial intelligence-driven surge in demand. He remarked that building new factories " would just take too long ." The stock dropped almost 7%, while peer Micron Technology fell close to 6% in sympathy. Other artificial intelligence-adjacent stocks also declined on Monday. Monday's losses come after stocks have rallied to new highs in recent weeks, with both the S&P 500 and Nasdaq hitting fresh record highs last week, while the Dow briefly recaptured the 50,000 level. …