"US Stock Futures and Dow Jones Drop as Tech Weakness Drives Market Lower"
TL;DR Summary
Stock futures fell in premarket trading, extending losses from the previous session, with Dow Jones, S&P 500, and Nasdaq-100 futures all slipping. Interactive Brokers' stock dropped after reporting lower-than-expected earnings. UK inflation rose to 4%, led by alcohol and tobacco prices. China's fourth-quarter GDP missed expectations, and Hong Kong shares tumbled over 2%, led by real estate stocks. Business sentiment at large Japanese companies dipped, and NYU's Damodaran believes the market is overvalued by 9% to 10%.
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- Markets Today: Stocks Mildly Lower on Weakness in Tech Barchart
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