News Summary

• Big Tech started the week in reverse, with megacaps Alphabet and Amazon each falling around 5% on Monday.
• SpaceX, which commenced debt-raising plans of its own on Monday, clocked its biggest loss ‌since its IPO, dropping some 16%.
• Stateside, Wall Street futures were in the red before the bell, with Nasdaq futures tumbling more than 2%.
• Elsewhere, in currency markets, the yen continued to flirt with 40-year lows set two years ago.