Stocks Slip Ahead of Earnings and Fed Minutes; Palo Alto and HSBC Shares Drop on Lower Outlooks
- US stock futures slipped ahead of Nvidia earnings and Fed minutes release
- Palo Alto Networks shares plunged over 20% on lowered revenue outlook amid tech spending concerns
- Walgreens dropped after losing blue-chip Dow spot to Amazon
- HSBC shares fell 8% on $3B charge related to Chinese bank stake
- Deflation creeping into consumer company presentations, impacting sales trends