Investing.com-- U.S. stock index futures tread water in evening deals on Wednesday following a negative session on Wall Street amid persistent concerns over higher-for-longer interest rates.
A mixed batch of first-quarter earnings also kept traders on edge, ahead of more key reports- particularly from the technology sector- due this week. But Wall Street was reeling from an extended rout in the technology sector, with chipmakers seeing heavy selling on Wednesday following disappointing earnings from industry majors.Wall Street indexes fell for a fourth consecutive session on Wednesday, hit by steep losses in chipmaking stocks following weaker-than-expected earnings from Dutch semiconductor technology giant ASML Holding NV slid nearly 4% during the session, but rose about 0.5% in aftermarket trade.
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