The rally in global stocks faltered following disappointing earnings from technology bellwethers and as traders await more clues on how quickly key central banks will tighten monetary policy.
U.S. equity futures dropped, with contracts on the technology-heavy Nasdaq 100 losing 1.8%, after Facebook parent Meta Platforms Inc. and streaming service Spotify Technology SA plunged in late trading on soggy forecasts. Europe’s Stoxx 600 fell, with ING Groep NV leading losses after missing profit estimates. German, U.K. yields rose before central-bank decisions.
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February 03, 2022 at 05:29AM
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Stock Market Today: Dow, S&P Live Updates for Feb. 3, 2022 - Bloomberg
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