Here are the most important news items that investors need to start their trading day:
1. Tech tumbles
Tech stocks are weighing on major averages this week, as several key earnings reports disappoint. Google parent Alphabet shed more than 9% on Wednesday after its quarterly report and was down another 2% in premarket trading Thursday. Facebook parent Meta was down nearly 4%. In all, futures tied to the tech-heavy Nasdaq 100 were trading more than 1% lower Thursday morning. Futures tied to the Dow Jones Industrial Average were down 0.5%, and S&P 500 futures were down 0.8%. Follow for live market updates.
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