Asia shares subdued by tech retreat, U.S. futures steady
- Date: 05-May-2021
- Source: Zawya
- Sector:Financial Markets
- Country:Middle East
Asia shares subdued by tech retreat, U.S. futures steady
India's Nifty 50 started up 0.7% ahead of a speech by the country's central bank governor, which might include policy changes to support the pandemic-stricken economy.
Nasdaq futures edged up 0.3% after a sharp fall overnight, while S&P 500 futures also added 0.3%.
The Nasdaq had dropped 1.9% on Tuesday as some big tech names ran into profit-taking, including Microsoft Corp, Alphabet Inc, Apple Inc and Amazon.com Inc.Â