Wall Street Preview: Stocks Futures Rebound After Steep Tech Selloff
Wall Street Preview: Stocks Futures Rebound After Steep Tech Selloff
Stock futures were higher on Friday, June 30, in a rebound after tech and broader markets suffered steep declines.
S&P 500 futures were up 0.27%, Dow Jones Industrial Average futures climbed 0.24%, and Nasdaq futures added 0.43%.
A tech selloff on Thursday, June 29, erased the Nasdaq's month-to-date gains and laid the groundwork for the first negative month since October 2016. The Nasdaq index was still on track to close out the second quarter with gains of around 5%.
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