US STOCKS-Futures lower as Apple, chipmakers weigh - News Summed Up

US STOCKS-Futures lower as Apple, chipmakers weigh


By Sruthi ShankarDec 26 (Reuters) - U.S. stock futures were slightly lower on Tuesday in light trading volumes after Christmas holiday as losses in Apple and a bunch of chipmakers weighed. Apple's shares fell more than $4 to $170.88 in premarket trading after Taiwan's Economic Daily reported that demand for iPhone X could come in below expectations in the first quarter. Shares of iPhone maker's suppliers - Broadcom, Skyworks Solutions and Qorvo - fell between 1 percent and 2 percent. ET, Dow e-minis were down 35 points, or 0.14 percent, with 6,437 contracts changing hands. Nasdaq 100 e-minis were down 15.75 points, or 0.24 percent, on volume of 7,000 contracts.


Source: Daily Mail December 26, 2017 12:22 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */