The S&P 500 and Nasdaq 100 futures fell 0.1% each, while the Dow remained unchanged, and the CBOE Volatility Index futures dipped 0.4%. A selloff driven by weak manufacturing data led to significant declines in major indices: the Dow dropped 1.51%, the S&P 500 fell 2.12%, and the Nasdaq Composite lost 3.26%. NVIDIA saw its biggest one-day drop ever, losing $279 billion in market cap, as the DOJ issued subpoenas in an investigation, causing shares to fall further in after-hours trading. Other notable losses included Zscaler (-14%), Asana (-12%), and Pagerduty (-12%), while Clover Health (+20%) and Gitlab (+14%) saw gains. Investors now focus on the upcoming U.S. jobs report, which could impact the Federal Reserve's interest rate decisions.
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