Stock Market Today: Live Updates | Wilnesh News

U.S. stock futures fell late Thursday as traders considered the latest results from Amazon and Intel. Investors are also looking forward to July’s nonfarm payrolls report.

Futures and S&P 500 Index down 0.5%. Dow Jones Industrial Average Futures A loss of 143 points, or 0.4%, Nasdaq 100 Futures down 0.8%.

In after-hours trading, Intel Shares fell about 20% after announcing weak guidance and layoffs. Amazon The company’s shares fell 5% after missing Wall Street’s second-quarter revenue expectations and issuing a disappointing forecast. Apple shares edged higher after fiscal third-quarter revenue and profit beat expectations.

In regular trading, major stock indexes fell, adding to concerns about a potential recession. blue chip stocks Dow Chemical It fell nearly 500 points, or 1.2%. this Broad market index fell nearly 1.4%, while technology-heavy stocks Nasdaq Index down 2.3%.

Quincy Krosby, chief global strategist at LPL Financial, said Thursday’s sell-off showed the market is now “wondering whether it’s too late for the Fed to shift monetary policy.”

Arnim Holzer, global macro strategist at EAB Investment Group, added that the recent gains in small-cap stocks could also be threatened as investors become more nervous about the broader economic outlook. really, Russell 2000 It fell 3% on Thursday.

“Intensified market volatility is justified, and potential disappointment in the tech sector poses risks to the overall market,” Holzer said.

Friday brings a new set of data and a new catalyst for stocks: July nonfarm payrolls. Economists polled by Dow Jones expected employment to increase by 185,000, down from 206,000 in June. The unemployment rate is expected to hold steady at 4.1%, which is especially important as traders look for signs of an upcoming recession.

Factory orders were also in place on Friday morning.

On the profit side, energy giants Chevron and Exxon Mobil Quarterly results will be released before the market opens on Friday.