CNBC July 17, 2026 • 13:06

S&P 500 and Nasdaq futures drop as chipmaker sell-off intensifies; Netflix slides 11%: Live updates - CNBC

By Sean Conlon, Chloe Taylor, Justina Lee, Fred Imbert

S&P 500 and Nasdaq futures drop as chipmaker sell-off intensifies; Netflix slides 11%: Live updates - CNBC

The moves come after a decline in chipmakers dragged the broader market lower and the U.S. continued to strike Iran overnight.

The S&P 500 fell on Friday as mounting jitters over artificial intelligence spending dragged tech lower, putting the index on pace for a losing week.
The broad market index lost 0.7%, while the … [+2999 chars]

More from CNBC