Pre-Bell|Nasdaq 100 e-minis Dropped Over 2%; Nvidia Abandoned Its Purchase of Arm
U.S. stock futures dropped in pre-market trading Tuesday aftera whipsaw previous sessionas investors continue to fret over fast-approaching rate hikes and a lackluster start to earnings season.Market
US STOCKS-S&P 500, Nasdaq Post Worst Weeks since Pandemic Start as Netflix Woes Deepen Slide
* Netflix plunges, weighs on Disney, media stocks* S&P 500, Nasdaq have biggest weekly drops since March 2020* Focus turning to Fed meeting for clarity on policy* Indexes down: Dow 1.3%, S&P 1.89%, Na
Wall St Week Ahead-Earnings to Test Growth Stocks after Rocky Start to Year
A rough start to 2022 for U.S. tech and growth stocks is raising stakes for upcoming earnings reports, as investors seek reasons to keep faith in the shares while bracing for U.S. interest rate hikes.The S&P 500 information technology sector , which accounts for nearly 29% of the broader index’s weight, is down 5.5% year-to-date, including steep declines in shares of heavyweights such as Microsoft and Nvidia , both off roughly 9%. The overall S&P 500 has fallen 2.7%.Tech bulls hope a s