Tech Leads Drop in US Futures Before Economic Data: Markets Wrap
Written by Black Hot Fire Network on February 28, 2024
(Bloomberg) -- US equity futures pointed to a weaker opening on Wall Street as traders brace for a slew of economic data that will help determine the path of monetary policy.
Most Read from Bloomberg
Contracts on the tech-heavy Nasdaq 100 fell 0.4%. Nvidia Corp., the stock that’s led a rally across chipmakers in the frenzy over artificial intelligence, slipped as much as 2.1% in premarket. S&P 500 futures dropped 0.3%. In Europe, the Stoxx 600 index edged lower as investors digested the latest earnings. ASM International NV dropped . . .
