A.M. Update

Index futures are mixed (S&P +0.1%, Nasdaq -0.35%, Dow +0.2%, RUT +0.4%). The Tech sector continues its rout, with AMD tumbling -10% pre-market  following an underwhelming sales forecast that raised doubts about its AI chip market share gains versus Nvidia. Analysts noted indiscriminate selling in software, reduced investor appetite for dips, and a “confidence break”…