(Bloomberg) — U.S. equity futures fell Friday along with stocks in Asia as a rotation away from high-flying tech stocks gained steam amid question marks over the sustainability of lofty valuations. European stock futures ticked up. Losses in Tokyo, Shanghai and Hong Kong were smaller than those seen in the U.S. overnight, as trader focus turned to the non-farm payrolls report later Friday. S&P 500 futures slipped after the benchmark fell 3.5% Thursday. Nasdaq contracts slid over 1% after the tech-heavy gauge’s 5% overnight slump, its largest since March. That suggests the U.S. retreat could extend for a second day …read more
Source:: Yahoo Finance
