Dow Futures Slide Amid Rate Fears and Weak Salesforce Earnings

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Source: Yahoo Finance
Dow Futures Slide Amid Rate Fears and Weak Salesforce Earnings
Photo: Yahoo Finance
TL;DR Summary

US stocks continued to decline on Thursday, with the Dow Jones dropping nearly 0.9% due to concerns over prolonged high interest rates and a significant sell-off in Salesforce shares, which fell nearly 20% after the company forecasted its slowest sales growth since 2004. The S&P 500 and Nasdaq also fell, driven by disappointing inflation data and underwhelming earnings from tech companies like Nvidia. Investors are now looking ahead to a key inflation report on Friday for further clues on the Federal Reserve's interest rate path.

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