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Dow futures drop more than 200 points as Big Tech stocks fall ahead of earnings

July 29, 2020


U.S. stock futures fell early Thursday as big technology shares declined ahead of their earnings reports after the bell.

Apple, Amazon, Alphabet and Facebook, representing nearly $5 trillion in market capitalization, are all set to report. All four shares were lower slightly in the premarket.

Dow Jones Industrial Average futures fell 240 points, or 0.9%. The move implied a loss of about 230 points at the open. S&P 500 futures lost 1%. Nasdaq-100 futures dropped 1.1%.

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