Finance

Nasdaq futures slip after Big Tech selling pushes stocks off records

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FAANG stocks displayed at the Nasdaq.

Adam Jeffery | CNBC

Nasdaq futures slipped Monday evening after investors punished Big Tech equities during the regular session and pushed both the Dow Jones Industrial Average and the S&P 500 off record levels.

S&P 500 futures traded flat, while those tied to the Dow rose about 35 points. Nasdaq 100 futures came under pressure and retreated 0.2%.

Big Tech got clobbered on Monday as investors exited stocks like Apple and Microsoft, pushing the Dow Jones Industrial Average and the S&P 500 off their record highs. Both of those stocks lost at least 2% to start the week.

The Nasdaq Composite suffered the worse of the selling and fell 2.5%, finishing the day…



Source cnbc.com

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