US Stock Futures Regain Some of Yesterday’s Losses

Stock futures rebounded on Tuesday as some investors bought declines in technology stocks, Dow Jones Industrial Average futures gained 101 points or 0.3%, S&P 500 futures rose 0.3% and Nasdaq 100 futures gained 0.4%.

Facebook shares added 1.5% in pre-market trading after dropping 5% on Monday due to whistleblower claims and site outages, with Amazon and Apple higher in the primary market after both lost more than 2 % on Monday, Microsoft and Netflix were also higher.

On Monday, the Nasdaq Composite Index fell 2.1% for the sixth negative day in seven days with heavy tech companies falling, and the Dow Jones excellent lost more than 300 points, while the Standard & Poor’s lost 1.3%, dragged by technology stocks.

The technology sector was the worst performer last month, as the jump in yields drove investors out of high-value stocks because higher rates could make their future earnings look less attractive, and yields are rising as the Fed signaled in September that it would begin to scale back its monthly purchases. of bonds soon.

After Monday’s sell-off, the Nasdaq Composite is now 7.5% off its record, while the S&P 500 is down 5.4%.