Stock futures are little changed after tech sell-off drags S&P 500 to worst day since August: Live updates

U.S. banal futures were small changed Tuesday nighttime aft the large averages fell to commencement September.

Dow Jones Industrial Average futures fell by 5 points, oregon 0.01%. S&P 500 futures and Nasdaq 100 futures dipped 0.05% and 0.04%, respectively.

Nvidia shares fell 2% successful extended trading aft a Bloomberg report, citing sources familiar, said the U.S. Justice Department sent subpoenas to the chipmaker. The determination comes aft Nvidia tumbled much than 9% successful the regular league amid a broader pullback successful semiconductor stocks.

Wall Street is coming disconnected a losing session, with the large benchmarks posting their worst time going backmost to the Aug. 5th sell-off arsenic spot names came nether unit and the latest economical information implied slowing maturation for the U.S. economy. The Dow Jones Industrial Average fell much than 600 points, oregon 1.5%, portion the S&P 500 slid 2.1%. The Nasdaq Composite dropped 3.3%.

Traders are bracing for further volatility successful September, historically a anemic period for equities, with galore investors anticipating a pullback of 5% oregon much successful the coming weeks. Still, immoderate bullish investors expect immoderate diminution successful stocks could beryllium a buying opportunity.

"The adjacent 8 weeks should beryllium a prime, a precise premier opportunity, to rebalance your portfolio, get much diversified, and really fto the marketplace enactment spell successful your favor," Chris Hyzy, concern main astatine Merrill and Bank of America Private Bank, said connected CNBC's "Closing Bell" connected Tuesday.

Corporate net play is mostly down investors, but reports from retailers Dick's Sporting Goods and Dollar Tree are acceptable to merchandise earlier the unfastened connected Wednesday. Hewlett Packard Enterprise is acceptable to station net aft the close.

Traders volition besides look to the latest releases connected the U.S. commercialized deficit, occupation openings and labour turnover (JOLTS) survey, and mill orders data.