US futures indices and European stock markets rose after a poor performance on Tuesday

US futures indices and European stock markets rose after a poor performance on Tuesday

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US futures indices rose on Wednesday (5), after a session marked by weak stocks in the technology sector. The movement is following in Europe, where the stock markets have an upward trend. In Asia, markets performed poorly, following the decline in the US on Tuesday.

On Tuesday, investors left stocks in the technology sector and those with higher growth expectations, causing the Nasdaq to drop 1.9%. Netflix shares fell 1.2 percent and Microsoft 1.6 percent. Amazon and Facebook shares lost 2.2% and 1.3%, respectively. Apple fell 3.5%, while Alphabet, which owns Google, fell 1.6%.

As a result, the S&P 500 lost 0.7%, closing Monday’s gains. The Dow Jones lost 300 points on Tuesday, but closed the day 20 points higher.

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About the Author: Camelia Kirk

"Friendly zombie guru. Avid pop culture scholar. Freelance travel geek. Wannabe troublemaker. Coffee specialist."

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