From Dow Jones & Company:

U.S. stock index futures are set to dip after strong gains as a result of Samsung Electronics’ profit warning. S&P 500 futures fell 0.3%, Dow Jones Industrial Average futures fell 0.3%, and Nasdaq-100 futures eased by 0.4%. On Monday, the Dow rose by 0.58%, S&P 500 by 1.41%, and Nasdaq Composite by 2.2%.

The technology sector is being affected by Samsung’s profit warning of a 35% drop in fourth-quarter operating profit. This news has cut short Wall Street’s latest rally, despite a 1.4% gain from the S&P 500 and a 2.2% surge from the Nasdaq Composite on Monday.

Japan’s Nikkei 225 rose by 1.2%, and Hong Kong’s Hang Seng initially rose before ending down 0.2%.



Read more: S&P 500 futures dip as Samsung warning damps technology stocks