U.S. stock futures fall as intensified semiconductor sell-off drives investors to other sectors

```htmlGelonghui July 17th｜US stock index futures fell, semiconductor stocks faced increased selling pressure, prompting investors to seek investment opportunities in other market sectors. Before the market opened, an exchange led the decline among the "Magnificent Seven", and the Philadelphia Semiconductor Index is close to entering a bear market, expected to extend Thursday's downward trend. However, although the S&P 500 closed down 0.5% on Thursday, 369 of its constituent stocks rose while 132 declined, indicating overall market breadth remains healthy. Barclays strategist Venu Krishna stated, “AI capital expenditure enthusiasm is starting to cool down, but semiconductor stocks continue to significantly outperform the broader market, while software stocks keep lagging behind. This shows that recent market rotation is gradual rather than decisive.”```