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As The S&P 500 Anticipates A Down Week, Stock Futures Fell On Friday

On Friday morning, stock futures were lower as Wall Street headed for a negative week due to worries that the Federal Reserve might hike interest rates faster than anticipated.

Futures for the Dow Jones Industrial Average fell 49 points, or 0.1%. The S&P 500 and Nasdaq 100 futures both increased by 0.1% and 0.2%, respectively.

DocuSign, an e-signature startup, saw a 3% increase in premarket trading after exceeding top and bottom line expectations for the second quarter and providing optimistic third-quarter projections. RH fell 8% as a result of the home furnishings company’s weak revenue guidance for the third quarter.

Source (CNBC)

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