Dow Futures Slide Amid Economic Data and Rate Fears
TL;DR Summary
Rising Treasury yields led to declines in major U.S. stock indices, with the Dow Jones dropping 400 points and the Nasdaq falling despite Nvidia's gains. Salesforce shares plummeted over 17% after disappointing revenue guidance, and activist investor Nelson Peltz sold his entire Disney stake. American Airlines shares also fell sharply following capacity cuts and executive changes. Asian markets followed suit, trading lower amid economic data concerns.
- CNBC Daily Open: Dow drops, Nvidia couldn't save Nasdaq CNBC
- Stock Market Today: Dow Futures Fall; Bond Yields Stabilize The Wall Street Journal
- Stock Market Today: Dow Jones Slides Ahead Of Jobless Claims; Salesforce Plunges On Earnings Investor's Business Daily
- Wall St on track for lower open after economic data Reuters
- Stock market today: Dow futures slide again as rates fears prey on nerves Yahoo Finance
Reading Insights
Total Reads
0
Unique Readers
28
Time Saved
4 min
vs 5 min read
Condensed
93%
880 → 66 words
Want the full story? Read the original article
Read on CNBC