Stock futures are pointing to a lower open for major indexes on Wednesday, as AI investor favorite Nvidia and other large-cap technology stocks remain under pressure after the previous session's selloff.

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The Dow Jones dropped Wednesday ahead of jobs data and the Fed's Beige Book. Nvidia stock extended Tuesday's dive.

Intels stock has plummeted nearly 60% this year, putting the company at risk of being removed from the Dow Jones Industrial Average. As Intel prepares a revival plan, the potential loss of this blue-chip status