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Stock futures are little changed after Wall Street posts third straight losing day

2 d ago

**Asia-Pacific markets open lower, tracking Wall Street losses amid Middle East tensions, elevated oil prices, and higher bond yields** – a key update for investors monitoring semiconductor, AI chip, and data center stocks. Japan’s Nikkei 225 fell 1.60%, the Topix dropped 1.44%, South Korea’s Kospi declined 2.87%, and the Kosdaq slid 2.51%. Australia’s S&P/ASX 200 was 1.09% lower. Hong Kong Hang Seng index futures stood at 25,176 versus the last close of 25,329.73, while Australia’s S&P/ASX 200 futures traded at 8,933 compared to the index’s close of 9,066.70. Escalating U.S.-Iran tensions and a tanker strike near the Strait of Hormuz weighed on sentiment. In after-hours trading, **Dell Technologies** surged nearly 9% after beating earnings estimates and raising fiscal 2027 guidance, citing strength in its AI service business. **MongoDB** dropped 12% despite reporting better-than-expected Q2 earnings of $1.90 per share (ex-items) on $772 million revenue, versus LSEG forecasts of $1.61 and $734 million. **Credo Technology** fell almost 4% after its non-GAAP gross margin for Q1 came in at 68%, just below the 68.3% analyst estimate, though it beat on both top and bottom lines. U.S. stock futures remained near flat shortly after 6 p.m. ET Tuesday, with Dow, S&P 500, and Nasdaq 100 futures little changed.