Nasdaq-100 Futures Fall 1.5% to Premarket Low Before U.S. Open

Nasdaq-100 futures fell 1.5% to a premarket low by 8:44 a.m. ET Tuesday, putting a major U.S. technology benchmark in focus for traders watching risk appetite across stocks and crypto.

The move was recorded in futures before the regular U.S. stock session. It describes contracts linked to the Nasdaq-100, rather than a decline in the cash index during regular trading.

Nvidia shares were down nearly 2% in premarket trading by 8:46 a.m. ET. That was a separate reading for the chipmaker’s stock, taken shortly after the futures move reached its premarket low.

Crypto derivatives markets recorded $186 million in liquidations over the hour ending around 8:40 a.m. ET, including $177 million in long positions. A long position benefits when prices rise; a liquidation closes a leveraged trade when it can no longer meet margin requirements. The crypto and stock-market readings cover different instruments and do not establish a cause for the futures decline.