Friday saw a decline in U.S. stock futures as investors took into account recent quarterly data and anticipated a significant July payrolls report.
The Dow Jones Industrial Average futures fell 0.8%, or 317 points. Futures for the Nasdaq 100 plummeted 1.8% and those for the S&P 500 sank 1.1%.
Amazon fell 8% after releasing a dismal forecast and missing Street projections for second-quarter revenue.
After revealing poor guidance and layoffs, Intel’s stock fell by almost 20%. Despite reporting better-than-expected fiscal third-quarter earnings, Apple shares continued to decline.
Source (CNBC)
