U.S. Stock Futures Slip With Tech Leading Losses


    U.S. Stock Futures Slip With Tech Leading Losses

    U.S. stock futures fell on Wednesday, pointing to further losses after a volatile period for major indexes.

    Futures on the S&P 500 slipped 0.5% and futures tied to the Dow Jones Industrial Average declined 0.4%. Nasdaq-100 futures fell 1.1%. Changes in equity futures don’t necessarily predict market moves after the opening bell.

    In Europe, the Stoxx Europe 600 shed 1.2% in morning trade, dragged down by declines in utilities and communication services sectors.

    Iliad fell 3.8% for a two-day losing streak.

    The U.K.’s FTSE 100 was down 1.2%. Other stock indexes in Europe also mostly fell as France’s CAC 40 lost 1.1%, the U.K.’s FTSE 250 was down 0.7% and Germany’s DAX dropped 1.2%.

    Published at Wed, 19 May 2021 07:41:00 +0000