📈 Fed's first cut since 2020: Time to buy the dip? See Tech-focused stock picksUnlock AI Picks

U.S. stock index futures lower as tech-sell off continues

Published 06/12/2017, 07:15 AM
DJI
-
MSFT
-
AAPL
-
AMD
-
DX
-
ESZ24
-
CL
-
1YMZ24
-
NQZ24
-
IXIC
-

Investing.com - U.S. stock index futures lower Monday as Friday's sell-off of tech giants continues.
The tech-heavy Nasdaq 100 futures shed 0.63% at 06:45 ET.
The Nasdaq composite closed down 1.80% on Friday.
(NASDAQ:Apple) extended losses pre-market after shedding close to 4% on Friday.
(NASDAQ:AMD), (NASDAQ:Microsoft) and other tech giants also extended losses.
The Dow futures off 0.12%. The DJI closed up 0.42% on Friday.
The S&P 500 futures shed 0.20%.
In the absence of major U.S. economic data, politics remained in focus.
Trump tweets add to political noise over sacked FBI chief James Comey and probe into alleged Russian meddling in U.S. presidential election.
The FOMC Wednesday is widely expected to raise target rate for the second time this year.
But the outlook for three hikes this year is now more cloudy as inflation and wage growth remain sluggish.
The dollar index was lower but held above 97. Odds of June rate hike stand at 91.8%.
Oil turned higher in volatile trade after earlier losses amid further Baker Hughes rig count rise.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.