Stock Market Today: Adobe Slumps, Bitcoin Falls, and Nasdaq Opens Lower
TL;DR Summary
Stocks fell in early trading as the Nasdaq, S&P 500, and Dow Jones slipped, while bitcoin slid to about $68,000. Adobe tumbled after issuing a soft sales outlook despite reporting record revenue, while Ulta Beauty also slipped after its full-year earnings forecast fell short of expectations. Futures contracts connected to the Dow Jones were up about 0.2% in premarket trading, S&P 500 futures rose about 0.1%, and Nasdaq 100 futures were down 0.1% from Thursday's close.
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