Futures Slide as Broadcom Forecast Miss Chills Tech Sector

Futures markets experienced a slide, particularly impacting the Nasdaq 100, after Broadcom's forecast missed expectations. This development has dampened investor enthusiasm in the technology sector.

4 Jun, 12:23 — 4 Jun, 12:23

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zerohedgeLow82d ago

Futures Slide After Broadcom Forecast Miss Chills Tech Euphoria

Futures Slide After Broadcom Forecast Miss Chills Tech Euphoria US equity futures are weaker, dragged lower by Tech after a disappointing outlook from Broadcom triggered doubts that the blistering rally in technology shares had gone too far, a move exacerbated by euphoric positioning. As of 8:00am ET, S&P futures dropped 0.4%, while Nasdaq futures slumped 1.2%. Broadcom, which added around $150 billion in market value just this week, slumped 13% in US premarket trading after its...

By Tyler Durden

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First report: bloomberg · 4 Jun, 12:20|Full coverage: 2 · 3m|Window: 3m

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bloomberg4 Jun, 12:20First to report

Nasdaq 100 Futures Drop as Broadcom Forecast Spooks Traders - Bloomberg.com

zerohedge4 Jun, 12:23Latest update

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Futures Slide as Broadcom Forecast Miss Chills Tech Sector

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Futures Slide After Broadcom Forecast Miss Chills Tech Euphoria

Coverage Timeline

Nasdaq 100 Futures Drop as Broadcom Forecast Spooks Traders - Bloomberg.com

Futures Slide After Broadcom Forecast Miss Chills Tech Euphoria

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