US Index Futures Retreat from Record Peaks as Tesla Drags Tech Sector

US equity futures are trading lower across the board, with the Dow, S&P 500, and Nasdaq 100 retreating from their recent record-breaking peaks. The shift comes as investors digest a wave of after-hours corporate reports and recalibrate positions. The pullback follows a strong rally that pushed major gauges to all-time highs, suggesting a period of profit-taking among traders. The momentum has shifted toward the downside in the overnight session as the market reacts to new data. Tesla shares have specifically faced pressure during after-hours trading, acting as a primary drag on the tech-heavy Nasdaq 100. The downward movement in the electric vehicle manufacturer is contributing significantly to the broader index retreat. Market participants are now monitoring whether this pullback is a temporary correction or a sign of waning momentum for the current bull run. The focus remains on the technology sector's ability to sustain valuations following recent earnings disclosures.