U.S. stock futures moved lower in overnight trading and pointed to losses at the open on Wednesday, as the technology-led stock rout continues to pressure financial markets.
Dow futures dropped 150 points. S&P 500 and Nasdaq 100 futures fell 0.5% and 0.35%, respectively.
Disappointing coronavirus vaccine news also pressured the futures market on Tuesday. AstraZeneca shares plunged in extended trading after the company said a late-stage trial of its Covid-19 vaccine candidate has been put on hold due to a suspected serious adverse reaction in a participant in the U.K.
Shares of athletic retailer Lululemon and messaging platform Slack fell in after hours trading on Tuesday, despite both…