U.S. stock futures fell early Friday following broad declines in the major tech names that pushed the major averages lower during regular trading.
Futures for Dow Jones Industrials dropped 81 points, or 0.3%, early Friday, to 26,462.
Futures for the S&P 500 fell 9.75 points, or 0.3%, at 3,217.75.
Futures for the NASDAQ slumped 84.5 points, or 0.8%, to 10,463.75.
Early action in Big Tech pointed to more losses, with Amazon, Apple and Microsoft each down more than 1% in pre-market trading.
Tensions between the U.S. and China worsened Friday after China ordered the closure of a U.S. consulate in Chengdu, retaliating after Washington shut the Chinese consulate in Houston earlier this week. China markets plunged in response.
Big Tech has been the market leader this year as investors grapple with the coronavirus pandemic and its impact on corporate profits. Amazon and Netflix were both up more than 47% year to date. Alphabet and Facebook are up over 13% over that time.
Overseas, in Hong Kong, the Hang Seng index tumbled 2.2%, while markets in Japan were shuttered for holiday.
Oil prices gathered 28 cents to $41.35 U.S. a barrel.
Gold prices gained $3.30 to $1,893.30.