Wall Street Preview: Investors Turn to Tech
Wall Street futures are pointing to a modestly weaker start to trading Thursday
Wall Street futures are pointing to a modestly weaker start to trading Thursday, with the Dow priced to fall around 17.5 points, or 0.08%, at the opening bell and the broader S&P 500 set to dip 0.18%. The tech stock weakness witnessed in Asia trading is likely to push the Nasdaq 0.17%, according to early futures prices.
Global oil prices were also on the back foot, with U.S. crude futures marked 0.15% lower at $49.52 despite data from the Energy Information Administration Wednesday which showed gasoline supplies falling 2.5 million barrels in the week ending July 28 amid record U.S. demand.
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