US stock futures lag as relief over Evergrande bond payment fails to outweigh downbeat tech earnings

US stock futures lag as relief over Evergrande bond payment fails to outweigh downbeat tech earnings

US stock futures dipped on Friday as disappointing tech earnings soured the mood, even as European and Asian equities gained on relief that Evergrande had made a looming bond interest payment. The troubled Chinese property giant wired funds to make an on Thursday, just ahead of deadline, according to reports by state-backed Chinese media and Reuters. But from dampened investor spirits in the US, after the instant-messaging app provider said Apple's privacy changes led to a fall in its digital advertising business. Futures on the and were about flat, while those on the were 0.3% lower as of 6:15 a.m. ET, suggesting a mixed open later Friday. Shares in Snap, which reported results after the market close, sank 21% in premarket trading. Other stocks with digital ad businesses also lost ground, with and both down about 4% premarket. Google parent and dropped 2% and 3% respectively. Adding to the tech stock gloom was chipmaker , whose shares fell 9% after a weak quarter that . Investors have enjoyed a mostly positive third-quarter earnings season this week, with most companies booking revenue above targets. Official US data Thursday showed to another pandemic-era low last week, coming in at 290,000 compared with