Tech Earnings and Economic Data in Focus as Stocks Slump on Rising Yields
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US stock futures slump as rising bond yields rattle investors ahead of big tech earnings from Alphabet, Meta, Nvidia.
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Major indices fell sharply last week on economic data driving bond yields higher and earnings concerns.
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This week brings key earnings from Alphabet, Microsoft, Meta, Amazon plus economic data including GDP and inflation reports.
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Analysts note economic growth continuing despite turbulence, with strong jobs cushioning rate impact.
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Premarket Monday futures down for Nasdaq, S&P 500, Dow and Russell 2000 as growth stocks like Tesla, Nvidia, Palantir decline.