Wednesday’s stock futures decline came as traders anticipated further losses to begin October in the context of growing Middle East tensions.
Futures linked to the Dow Jones Industrial Average had a 0.4% decline of 162 points. Futures for the Nasdaq-100 and the S&P 500 fell 0.1% and 0.2%, respectively.
Following the removal of its full-year projections ahead of its CEO transition, Nike saw a more than 5% decline in share price.
Technology also had trouble for a second day, with Nvidia, the darling of intelligence, falling by about 1% prior to the bell.
Source (CNBC)
