Dow Jones Industrial Average futures fell on Tuesday, with traders digesting a move to fresh all-time highs while monitoring the latest U.S.-Iran developments as well as moves in major tech names. Futures tied to the blue-chip index lost 210 points, or 0.4%. S&P 500 futures slipped 0.2%, while Nasdaq 100 futures shed 0.1%. Alphabet shares were down more than 2% after the company said it would raise $80 billion from stock sales to fund its artificial intelligence buildout. That includes a $10 billion investment from Berkshire Hathaway. The stock initially popped in after-hours trading before moving lower. Adam Crisafulli of Vital Knowledge said the announcement is “ultimately negative.” He noted, “If the greatest business model in the history of capitalism (in terms of scale, growth, margins, and cash flow) can’t fund AI from its own internal operations, then who possibly can?” However, tech losses were kept in check as Nvidia climbed more than 1% in the premarket. Shares of Hewlett Packard Enterprise also surged 25% after the technology company issued a rosy outlook for the current quarter and raised its guidance for the full year, trouncing the Street’s estimates. HPE’s second-quarter results also marked its biggest earnings beat since 2018. Marvell Technology also rallied more than 21% after Nvidia CEO Jensen Huang said the semiconductor company could become the next trillion-dollar company. “When you take a computing problem, and you disaggregate it into a lot of parts, and you distribute it across the entire data center, what’s necessary is connectivity,” Huang said. “That’s the reason why Marvel is so essential.” The major averages hit record highs on Monday, as Nvidia led gains in tech. Enthusiasm over the artificial intelligence trade has resulted in tremendous performance in the equity markets over the past few weeks. But Katie Stockton, founder of Fairlead Strategies, says that there are no indications that the equity market rally is over. “We’ve had nine consecutive up weeks for the S&P 500, and naturally that does reflect positive momentum. Momentum is positive now, short-term, intermediate-term, and long-term, and we saw a series of flag pattern breakouts, or essentially sharp run-ups followed by brief consolidation phases that are then resolved higher,” Stockton said on CNBC’s “Closing Bell” on Monday afternoon. She noted that Dell was a recent example. “These run-ups are really explosive. Unfortunately, that also means they tend to end in dramatic fashion, but we don’t have any indications yet, any confirmed sell signals from our overbought/oversold metrics, to suggest that this is over.” In response, President Donald Trump told CNBC’s Eamon Javers in a phone interview that he “couldn’t care less” if peace negotiations with Iran are over. In a later Truth Social post, the president said that he “had a very productive call” with Israeli Prime Minister Benjamin Netanyahu. In a separate post, Trump added that talks with Iran are “continuing, at a rapid pace.” U.S. Treasury yields fell on Tuesday as President Donald Trump’s announcement of a ceasefire between Iran-backed Hezbollah and Israel bolsters investor sentiment. The yield on the 10-year U.S. Treasury note—the key benchmark for U.S. government borrowing—fell more than 4 basis points to 4.435%. The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve interest rate policy, fell nearly 3 basis points to 4.022%. The longer-dated 30-year Treasury bond yield fell more than 3 basis points to 4.954%. Asia-Pacific markets closed mixed Tuesday, as investors weighed renewed uncertainty over U.S.-Iran peace negotiations, while Wall Street benchmark indexes climbed to fresh highs overnight on tech optimism. Japan’s Nikkei 225 ended 0.3% lower at 66,734.24, while the Topix declined 0.42% to 3,924.24. South Korea’s Kospi fell 0.15% to 8,801.49, and the small-cap Kosdaq dropped 2.29% to 1,026.03. In Australia, the S&P/ASX 200 ended flat at 8,724.4. Hong Kong’s Hang Seng index added 2.41% as of its last hour of trade, while mainland China’s CSI 300 ended up 1.45% to 4,914.56. India’s Nifty 50 was last up 0.5%. Oil ⁠prices fell more than 1% on Tuesday, paring the previous session’s sharp gains, after U.S. President Donald Trump said talks with Iran ​were ongoing. Trump’s comments came despite a ​report that Tehran had suspended ​indirect negotiations with Washington to end hostilities. Brent crude futures were down $1.52, or 1.6%, to $93.46 a barrel at 0813 GMT, while U.S. West Texas Intermediate fell $1.43, or 1.6%, to $90.73 a barrel. “The social media posts from U.S. President ⁠Trump ‌indicating a de-escalation of tensions are weighing on crude prices ⁠today,” said UBS analyst Giovanni Staunovo. “That said, oil flows through the Strait remain restricted.” Both benchmarks rose more than 5% on Monday, having fallen more than 16% in May on hopes of a peace deal. Gold rose more than 1% on Tuesday, buoyed by lower U.S. Treasury ​yields, while weaker oil ​prices eased fears of ​higher inflation and elevated interest rates. Spot gold rose 1% to $4,525.72 per ounce. U.S. gold futures for August delivery gained 1.1% to $4,556. While gold is traditionally seen as a hedge against inflation, it loses its appeal in a high-interest-rate environment as a ‌non-yielding asset.