Stock Market Today: Nasdaq Futures Slip; Dismal Data-Center IPO Weighs on Tech Investors — Live Updates

Elice shares collapsed more than 30% on their trading debut, and the slide dragged on risk appetite across Asia and into U.S. futures. Nasdaq futures slipped as the dismal data-center IPO weighed on tech investors, per The Wall Street Journal's live market coverage.

The data-center startup's rough first session coincided with a selloff in major Asian indices. The Journal framed the move as a return of artificial intelligence anxieties, with the IPO acting as the day's flashpoint for that worry.

A 30%-plus drop on day one is a severe verdict from public buyers. Interpretation: investors appear unwilling to pay up for AI-infrastructure exposure when it arrives as a fresh listing, and the weak debut may be reinforcing caution toward richly valued AI-linked names more broadly. That reading is analytical, not a confirmed cause-and-effect finding from the source.

The Nasdaq futures decline signals the pressure was not confined to Asia. Tech-heavy benchmarks absorbed the sentiment hit before the U.S. cash session opened, and the Journal's coverage also tracks bonds, oil prices, the Dow and the S&P 500 as the session develops.