S&P 500 futures flat as tech selloff continues; Dow rises on rotation into healthcare and financials
By
Lisa Kailai Han
Summary
S&P 500 futures were little changed Thursday night as the index heads for a losing week. Tech stocks continued to decline, with the Nasdaq Composite falling for a fourth straight session — its longest losing streak since February. Meanwhile, a rotation into healthcare, financial, and industrial names boosted the Dow Jones Industrial Average slightly higher. The S&P 500 slipped marginally, and both the Nasdaq and S&P 500 are on pace to end the week in the red.
Source
bskyS&P 500 futures flat as tech selloff continues; Dow rises on rotation into healthcare and financialscnbc.comKey quotes
· 3 pulledS&P 500 futures were little changed Thursday night after a decline in tech giants weighed on the broad market index.
Investors continued moving out of tech names on Thursday, causing the Nasdaq Composite to pull back 0.46% and notch its first four-day string of losses since February.
A rotation into healthcare, financial and industrial names boosted the blue-chip Dow 71.72 points, or 0.14%, higher.
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