Stocks, futures decline as tech slides
newscatcher
2022-05-24 10:30
Stocks, futures decline as tech slides
Stocks declined on Tuesday after a profit warning from Snap Inc. weighed on technology shares and fueled concerns about risks to economic growth.   Tech shares were among the worst performers in Europe's Stoxx 600, while Nasdaq 100 futures tumbled more than 2 per cent and Chinese tech stocks by more than 4 per cent. S&P 500 futures fell, just as the benchmark was starting to pull back from the brink of a bear market amid fears the Federal Reserve's tightening could hurt economic growth.  The dollar was little changed, while Treasuries advanced.

http://www.bnnbloomberg.ca/asia-stocks-to-get-boost-from-us-china-tax-plans-markets-wrap-1.1769655

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