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Dow futures drop more than 300 points as tech shares get hit after hours on a warning from Apple

Dow futures drop more than 300 points as tech shares get hit after hours on a warning from Apple

5 years ago
Anonymous $L9wC17otzH

https://www.cnbc.com/2019/01/03/tech-shares-dive-after-hours-after-apple-warning-nasdaq-etf-loses-nearly-2-percent.html

It's going to be a tough day for technology stocks on Thursday after Apple warned first-quarter sales would be less than it previously expected. The broader market will suffer too.

The Invesco QQQ Trust, which track the tech heavy Nasdaq-100 Index, lost more than 2 percent in after hours trading on Wednesday. Apple shares cratered more than 7 percent. The S&P 500 ETF Trust, tracking the broader market, lost more than 1 percent in extended trading.