Nasdaq Futures Plunge 2% as Chip Stocks Crater

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Stock Market Decline

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Nasdaq futures are down sharply, falling 2 percent as investors flee technology and semiconductor stocks in a broad market selloff. Major players including Netflix and SpaceX have seen their valuations decline by up to 11 percent, signaling deep investor concern about the sector's near-term prospects. The decline reflects broader market volatility and potential headwinds facing growth-oriented tech companies.

NasdaqNetflixSpaceXStock Market Decline