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Monday, April 7, 2014

U.S. stock futures: Dow -0.2%, S&P -0.3%, Nasdaq -0.6%- 4/7/14

World shares hit by tech sell-off
  • Global equities are mainly lower as tech stocks joined the sell-off of their Wall Street peers on Friday, which helped the Nasdaq plunge 2.7%.
  • "This could be the start of a 'profit taking' consolidation period," says Paris-based analyst Gerard Sagnier. "People should buy only when the pull-back is done, while it could also be time to hedge the portfolios."
  • Japan -1.7%, Hong Kong -0.6%, China closed, India -0.3%.
  • Euro Stoxx 50 -0.4%, London -0.4%, Paris -0.5%, Frankfurt -1%, Milan -0.3%, Madrid -0.1%.
  • U.S. stock futures: Dow -0.2%, S&P -0.3%, Nasdaq -0.6%
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