From Nasdaq, Inc.:

Intel’s forecasted revenue miss caused U.S. futures to slide, with chip stocks like Nvidia and Qualcomm affected, and Tesla’s growth warning worsening tech stock fears. Amid inflation fears, Fed data reflects strong Q4 growth, S&P 500 closing at an all-time high, and 82% earnings beating expectations, offsetting possible recession worries.
S&P 500 e-minis drop as chipmaker KLA has underperformed, while American Express exceeded forecast and Visa suffered tepid growth. As Intel’s drop impacts the market, Sweden’s Autoliv sees a gain, with Bitcoin and other crypto stocks also rising following Tesla’s rebound and strong Q4 growth for selected businesses.



Read more: US STOCKS-Futures dip as Intel forecast weigh on chip stocks; inflation data eyed