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

July 29, 2020

Via: CNBC

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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