Futures edge lower as investors focus on Big Tech earnings – Reuters
- Date: 03-May-2022
- Source: Reuters
- Sector:Financial Markets
- Country:Gulf
Futures edge lower as investors focus on Big Tech earnings – Reuters
By Noel Randewich, Bansari Mayur Kamdar
(Reuters) - Wall Street ended sharply lower on Tuesday, with the Nasdaq closing at its lowest since December 2020 as investors worried about slowing global growth and a more aggressive Federal Reserve.
Tesla slumped 12% after investors worried that chief executive Elon Musk might sell some of his stake in the electric car maker to help pay for his $44 billion deal to buy Twitter, announced on Monday.
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