Stock Futures Fall on Earnings Misses

U.S. stock futures fell as investors considered disappointing results from Facebook parent Meta Platforms and ahead of a flurry of data including jobless applications and services figures.

S&P 500 futures declined 0.8% and futures tied to the Dow Jones Industrial Average fell 0.1%. Contracts on the tech heavy Nasdaq-100 dropped 1.9%. Changes in equity futures don’t necessarily predict market moves after the markets open.

In Europe, the Stoxx Europe 600 lost 0.3% in morning trade. Financials and communication services sectors drove the losses while consumer discretionary and energy sectors rose.

Compass Group

climbed 6% and

Playtech

rose 10.3%.

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