News · Yahoo Finance

Wall Street Futures Rise as Nasdaq Attempts Recovery Following Three-Month Lows: Dow Jones, S&P, Nasdaq

Nasdaq 100 futures rose 0.8% before Tuesday’s open as investors looked to buy tech shares, even though Apple fell 4.4% premarket after forecasting a gross margin slightly below expectations on higher component prices. On Monday the Nasdaq Composite fell 272.68 points, or 1.1%, to 25,164.32, and the S&P 500 lost 38.67 points, or 0.5%, to 7,541.40, both closing at three-month lows as AI concerns weighed on tech. The Dow Jones gained 213.67 points, or 0.4%, to 51,983.98, supported by Sherwin-Williams, Home Depot and Walmart, while the NYSE Arca Computer Hardware Index plunged 5.5%. US crude futures fell more than 7% to below $100 per barrel on hopes for US-Iran diplomacy, sending the Philadelphia Oil Service Index down 5.1% and the NYSE Arca Oil Index down 4.3%.

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