Stock futures dropped Wednesday as concerns over bloated valuations from a red-hot AI rally sparked fears of a prolonged selloff. Dow Jones futures down 0.1%, S&P 500 futures fell 0.4%, and Nasdaq 100 contracts dropped 0.6%.

S&P 500 and Nasdaq had their worst sessions in nearly a month on Tuesday due to negative headlines. Investors questioning if AI stocks warrant high valuations, with Advanced Micro Devices facing potential punishment after shares fell 4.7% post-earnings beat.

Read more at Barron’s: Selloff Fears Build as Stock Futures Fall Again