On June 22, 2026, U.S. stock futures were mostly flat after a decline in the technology sector led to a 0.37% drop in the S&P 500 and a 1.32% fall in the Nasdaq Composite. Notably, shares of major tech companies such as Amazon and Alphabet experienced significant losses, with Alphabet's stock falling 5%, marking its worst daily performance in over a year amid concerns about talent loss in AI.
Liz Ann Sonders, chief investment strategist at Charles Schwab, noted that while retail traders remain focused on AI and tech, they are increasingly favoring ETFs over individual stocks. Additionally, oil prices dipped following reports of progress in U.S.-Iran negotiations, which could lead to increased Iranian oil sales.
Investors are also awaiting earnings reports from Carnival and Korn Ferry, as well as preliminary PMI readings for June, which could further influence market sentiment