E-mini S&P 500 futures fell as OpenAI weakness hit tech.

Examine the latest movements in the equity and cryptocurrency markets as tech sector developments influence index performance. E-mini S&P 500 and Nasdaq-100 futures traded lower following OpenAI's reduced revenue and user growth targets, prompting a drop in chip stocks. Despite this, major tech companies like Alphabet and Amazon maintained strong monthly gains ahead of their earnings reports. Market participants are also anticipating a key Federal Reserve rate decision and crucial economic data, including GDP and PCE. In the options market, E-mini S&P 500 volume showed a significant uptick in 7,100 puts as implied volatility increased. Meanwhile, Micro Bitcoin futures traded in a tight range, continuing to test stiff resistance near the 80,000 level.