S&P futures are down (0.3%) following a weak Asia session. Japan's Nikkei led losses in Asia as tech-heavy sectors struggled. Korea's Kospi closed (7%) lower as steep losses in SK Hynix and Samsung triggered a circuit breaker. Greater China benchmarks all fell as tech names weakened further. European markets are also lower in early trade. Real estate and personal goods names are among the few who are bucking the trend.

Companies Mentioned: OpenAI, SpaceX, Synaptics, onsemi