# Tech Selloff and Inflation Fears Push Nasdaq Futures Lower

- URL: https://stocks.freetheai.org/news/tech-selloff-and-inflation-fears-push-nasdaq-futures-lower-85615a
- Published: 2026-10-15T08:58:23Z
- Category: markets; sentiment: bearish; impact: high
- Symbols: [NASDAQ:IXIC](https://stocks.freetheai.org/symbols/NASDAQ-IXIC), [NASDAQ:CRWV](https://stocks.freetheai.org/symbols/NASDAQ-CRWV), [TWSE:2330](https://stocks.freetheai.org/symbols/TWSE-2330)
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U.S. technology shares led a market decline early Thursday, with Nasdaq futures falling 1% and the NASDAQ Composite Index (IXIC) dropping 1.88%. The pullback followed a broad selloff in global technology equities, including a trading halt in South Korea after a major benchmark fell over 7%.

Investor sentiment was weighed down by September consumer price index figures showing inflation increased 0.6% month-on-month and 3.7% year-on-year, coming in above expectations. Ten-year Treasury yields remained near 5%, reviving concerns over potential interest rate hikes by the Federal Reserve. Additionally, an industry report warning that over $3.5 trillion in artificial intelligence infrastructure spending faces write-down risks by 2030 added pressure to the sector. CoreWeave, Inc. Class A (CRWV) fell 15.46% to $65.78, while Taiwan Semiconductor Manufacturing Co., Ltd. (2330) declined 2.01% to 2,400 TWD despite reporting record quarterly earnings.

Investors are anticipating key economic releases, including producer price inflation, retail sales data, and weekly jobless claims. Remarks from Federal Reserve leadership at an International Monetary Fund event are also expected to provide clues on future monetary policy.

## Key points

- Nasdaq futures fell 1% while the NASDAQ Composite Index declined 1.88% in early trading.
- September CPI inflation reached 0.6% month-on-month and 3.7% year-on-year, exceeding expectations.
- CoreWeave shares dropped 15.46% amid broader weakness in artificial intelligence cloud infrastructure.
- Taiwan Semiconductor Manufacturing Co. shares fell 2.01% despite posting record third-quarter profits.

## Questions and answers

### Why are Nasdaq futures falling today?

Nasdaq futures fell due to a global selloff in technology stocks, higher-than-expected inflation data, rising 10-year Treasury yields near 5%, and concerns over artificial intelligence infrastructure spending.

### What caused the decline in CoreWeave stock?

CoreWeave shares fell 15.46% following an industry report warning of potential write-down risks for $3.5 trillion in artificial intelligence infrastructure spending by 2030.

### What was the September CPI inflation print?

September CPI rose 0.6% month-on-month and 3.7% year-on-year, exceeding forecasts and sparking renewed interest rate hike concerns.