Tuesday evening saw a little decline in U.S. stock futures as the major averages posted a second day of losses, primarily due to a decline in Nvidia. Futures for the Dow Jones Industrial Average fell by 62 points, or 0.16%, while those for the Nasdaq 100 fell by 0.4%. Additionally, S&P 500 futures dropped by 0.21%.
Premarket trading saw a 23% decline in Palo Alto Networks following a reduction in its full-year sales expectations, and a more than 15% decline in SolarEdge Technologies as a result of a dismal first-quarter outlook.
The market was pressured by tech equities throughout the normal trading session, which resulted in falls for all three major indices. There was a 0.6% down in the S&P 500, a 0.17% decline in the Nasdaq Composite, and a 0.92% decline in the Dow Jones Industrial Average.
Source (CNBC)
