Dow futures fall 300 points, Nasdaq futures drop 1.5% as tech shares decline and bitcoin tanks


U.S. stock futures fell sharply early Wednesday, pointing to a third straight negative day on Wall Street as selling returned to the tech sector.

Nasdaq 100 index futures dropped by 1.5% as Microsoft, Facebook, Alphabet and Apple all slid more than 1% in premarket trading. Dow Jones Industrial average futures shed 310 points, while S&P 500 futures lost 1%.

Sentiment in the tech sector was dented by a drop in cryptocurrencies including bitcoin. The world’s largest digital token fell below $40,000 for the first time in 14 weeks and last traded around $36,060 apiece. At one point, the price was down 20% in the last 24 hours and it has fallen more than 30% in one week, according to Coinbase….


Lowe’s (LOW) earnings Q1 2021 beat estimates

Previous article

JetBlue to begin service to London with flights starting Aug. 11

Next article

You may also like

Leave a Reply

Notify of

More in Finance