68.1 F
Austin
Sunday, March 7, 2021

Stock Futures send mixed signals after tech selloff

Must Read

Trump Responds To Twitter Ban, Threatens To Build Rival Social Network

On January 8th, 2021 Jack Dorsey and company finally threw down the gauntlet, permanently banning President Donald J. Trump...

Twitter Slaps Trump with Permanent Ban

What started with Twitter was inevitably bound to end with Twitter. Following years of demands from progressive and liberal...

The U.S. Capitol is Under Siege

The House of Representatives and U.S Senate were placed on lockdown after tens of thousands of Trump supporters broke...
  • Nasdaq and S&P futures down
  • Dow and Russell futures up

Following the most tumultuous day for big-tech since the March lows, the futures indices followed suit, opening down and slipping further into the red. The tech-heavy Nasdaq futures index dropped farthest, underperforming the more balanced S&P, Dow, and Russell 2000 futures. As of this writing, 8:04PM CST, the Nasdaq Futures clocks in at 11,664.50 after a 136.00 point drop (-1.15%) The S&P Futures is down -7.25 (-0.21%) now reading 3,454.25. 

But the Dow Jones Futures turned green, up 14.00 points or (+0.05%), now 28,365.00. The Russell 2000 Futures turned green as well, reading 1,555.40, up +5.90 (+0.38%).

What this signals: While the big-cap techs are still licking their wounds from a major reversal in fortune on Thursday, the markets are signalling that there might be a more optimistic outlook for cyclicals and industrials. 

Stock Futures updates to follow, leading into another jobs report due Friday morning.

Latest News

Trump Responds To Twitter Ban, Threatens To Build Rival Social Network

On January 8th, 2021 Jack Dorsey and company finally threw down the gauntlet, permanently banning President Donald J. Trump...
- Google Reviews -

HEADLINE IconHEADLINE

San Antonio, Texas. United States

5.0 7 reviews

More Articles Like This