On Wednesday, stock futures faced a decline, indicating another turbulent session for Wall Street, following the Nasdaq Composite’s largest daily drop in almost three months.
Futures linked to the Dow Jones Industrial Average fell by 141 points, equivalent to a 0.4% decrease. Similarly, S&P 500 futures and Nasdaq-100 futures experienced losses of 0.4% and 0.6% respectively.
The Nasdaq suffered a decline of over 1.6% on Tuesday, marking its most significant drop since October. The downturn was mainly attributed to major technology stocks and Apple, which experienced a nearly 4% decrease after being downgraded by Barclays.
In premarket trading on Wednesday, Apple shares slipped by an additional 0.5%.
Source (CNBC)
