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Nasdaq set for lower open as Nvidia, Big Tech weigh

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Reuters

By Devik Jain (Reuters) – The Nasdaq index was set for a lower open on Monday as mega-cap technology firms slipped and shares of Nvidia led declines among major chipmakers, while Dow futures were supported by a rise in economy-sensitive stocks. Nvidia Corp slipped 3.6% in premarket trading, adding to a 4.5% drop on Friday after the U.S. Federal Trade Commission sued to block its more than $80 billion deal to buy British chip technology provider Arm. EU antitrust regulators have temporarily halted their investigation into the takeover deal as they await more information. Peers Qualcomm Inc and …

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