Stock futures were relatively unchanged Tuesday, after the S&P 500 posted back-to-back losses amid mounting pressure across the tech sector. S&P 500 futures were virtually flat, while futures tied to the Dow Jones Industrial Average were up just 3 points, or 0.01%. Nasdaq 100 futures were marginally lower. The S&P 500 fell 0.35% on Monday, while the tech-heavy Nasdaq Composite shed 0.5%. The 30-stock Dow dropped nearly 250 points. Investors sold off some of this year’s big tech winners, with artificial technology plays Nvidia dropping more than 1% and Palantir Technologies sliding 2.4%. “What you’re seeing is that people are concerned about overbuilding this [AI] bubble,” BD8 Capital Partners CEO Barbara Doran said Monday on CNBC’s “Closing Bell: Overtime.” Losses in the materials sector also pressured the market on Monday. Precious metals miner Newmont closed down 5.6% after silver futures posted their worst day since 2021. On Tuesday, traders will be watching for home price data due at 9 a.m. ET. The Federal Reserve’s December meeting minutes are also expected, slated for a 2 p.m. release. Looking ahead, the public markets will be closed Thursday for New Year’s Day. The U.S. 10-year Treasury yield was slightly lower on Monday as investors returned from the Christmas holiday and began to look ahead to the new year. The yield on the 10-year Treasury slipped more than 2 basis points to 4.108%. The yield on the 2-year Treasury was also last seen more than 2 basis points lower at 3.457%. Asia-Pacific markets mostly fell Tuesday, after the tech sell-down on Wall Street continued on AI bubble fears. Japan’s Nikkei 225 was down 0.37% to 50,339.48, while the broad-based Topix was 0.51% lower and ended at 3,408.97. South Korea’s Kospi shed 0.15% and closed at 4,214.17, while the small-cap Kosdaq declined 0.76% to 925.47, leading losses in Asia. Hong Kong’s Hang Seng index bucked the trend and rose 0.86% in the final hour of trade, while the CSI 300 in mainland China was 0.26% higher and ended at 4,651.28. The Taiwan Weighted Index fell 0.36% and finished at 28,707.13, with major tech names like Taiwan Semiconductor Manufacturing Company and Hon Hai falling about 0.65% and 1.3% respectively. Australia’s S&P/ASX 200 fell 0.1% to 8,717.1, after registering gains earlier in the day. Oil prices retreated a touch early on Tuesday after rising more than 2% in the previous session, partly driven by spillover from a pullback in precious metals even as escalating Russia–Ukraine tensions left markets grappling with supply disruption fears. Brent crude futures for February delivery, which expires on Tuesday, were down 21 cents, or 0.3%, at $61.73 a barrel as of 0150 GMT. The more active March contract was at $61.30, down 19 cents or 0.3%. U.S. West Texas Intermediate crude eased 20 cents, or 0.3%, at $57.88. Both contracts settled more than 2% higher in the previous session after Moscow accused Kyiv of targeting President Vladimir Putin’s residence, stoking fears of supply disruptions. Gold rose on Tuesday to recover from a two-week low hit in the previous session on year-end profit-taking that sparked a broad pullback in precious metals from earlier peaks. Spot gold was up 0.7% at $4,363.79 per ounce, as of 0322 GMT, after hitting a record high of $4,549.71 on Friday. It fell to its lowest since December 17 on Monday, also its sharpest daily loss since October 21. U.S. gold futures for February delivery were up 0.8% at $4,377.80/oz. “The earlier run was overextended in the last one week or so, which makes (the precious metals) much more vulnerable for the leveraged long positions being squeezed on the downside,” said Kelvin Wong, senior market analyst at OANDA. Bullion has staged a stellar run in 2025, climbing 66% so far. Spot silver was up 3% at $74.41 per ounce, after hitting an all-time high of $83.62 in the previous session. Silver registered its biggest daily loss since August 11, 2020, on Monday. Silver has gained 154% year-to-date, far outpacing gold, propelled by its designation on the critical U.S. minerals list, supply constraints, and low inventories amid rising industrial and investment demand.