Sunday, November 27, 2022
HomeTrading RoomStocks are down this morning before the open, after jobless claims are...

Stocks are down this morning before the open, after jobless claims are unexpectedly higher along with Apple and Tesla lower

Investors continued to rotate out of high-flying tech stocks. Stock futures slid early Thursday morning amid worse-than-expected jobless claims.

Tesla was also lower in the premarket, down more than 2%. Shares of Apple fell again in premarket trading, down 1.5%. Apple shares are down 3% so far this week as investors take some profits in the Big Tech stocks that have led the market back to a record.

Walmart shares prices also fell 4% in pre-market trading, after its 4th quarter earnings were less than Wall Street estimates.

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