U.S. Stock Futures Rally After Earnings Reports From Amazon and Snapchat

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Stock Futures Rally After Earnings Reports From Amazon, Snapchat

"The sharp drop in FB market cap today and the accompanying drag on the S&P500 index is ... a stark reminder of the high concentration of mega-cap Tech stocks in the S&P 500 — and the vulnerabilities that such concentration brings," Goldman Sachs' Chris Hussey said in a note Thursday.Investors also eyed economic data. U.S. joblessThe focus now turns to the

set for release Friday morning. Economists surveyed by Dow Jones expect a gain of 150,000 jobs, but some losses as large as 400,000.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 545. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines