Nasdaq falls as futures drop another 500 points
In short
The Nasdaq fell again, and futures dropped another 500 points as tech earnings kept missing expectations. The US 10-year bond yield also eased to 4.93% from 5.05% on Thursday.
This matters because weak tech results are pressuring stock markets and bond yields are moving too. The reporting does not say which companies caused the sell-off or how long it may last.
What the reporting says
The Nasdaq fell and futures plunged another 500 points as tech results kept disappointing, according to the available reporting. The source also says the US 10-year bond yield fell to 4.93% from 5.05% on Thursday. The exact session date, the size of the Nasdaq move, and which tech companies drove the sell-off are not stated.
Why it matters
The Nasdaq declined as futures fell another 500 points, with the sell-off tied in the reporting to continued disappointment in tech results. The US 10-year bond yield also moved lower to 4.93% from 5.05% on Thursday. The source does not give the exact market date, the Nasdaq percentage drop, or the specific earnings results behind the move.