From Investing.com: 2024-07-25 06:51:00

U.S. stock index futures slipped Thursday following disappointing earnings from tech heavyweights like Alphabet and Tesla. The main indices closed sharply lower on Wednesday, with the Dow dropping over 500 points. The tech sector saw significant losses due to profit-taking and expectations of lower interest rates. Chipotle and IBM saw gains on strong Q2 earnings, while Ford slumped over 13% due to slowing automobile sales. Q2 GDP data is expected to show annualized growth of 2.0%. Crude prices fell on concerns about waning demand, especially from China, the world’s largest crude importer.



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