Stock futures dip after a steep sell-off on Wall Street, Apple and Tesla fall after earnings


Stock futures fell in overnight trading on Wednesday as the market is poised to extend a sharp sell-off amid concerns about heightened speculative trading.

Futures on the Dow Jones Industrial Average traded 120 points lower. S&P 500 futures dipped 0.7% and Nasdaq 100 futures fell 0.8%.

Apple turned in its largest revenue on record at $111.4 billion in its fiscal first-quarter earnings report for fiscal 2021. Sales for every product category rose by double-digit percentage points. Shares of the tech giant dipped 3%, however.

Tesla dropped more than 3% in extended trading after the electric car maker posted worse-than-expected earnings for the latest quarter. The company also said it…


Tesla (TSLA) earnings Q4 2020

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