From MarketWatch:
Tesla shares down sharply in premarket trade after being left out of S&P 500 index in rebalance
Investors looked set to pick up where they left off ahead of a three-day weekend, with a sharp fall in Nasdaq-100 futures pointing to sharp losses for U.S. technology stocks.
Remarks by President Donald Trump on Monday, threatening to “decouple” the U.S. economy from China added to market jitters.
....MUCH MORE
What are major indexes doing?
Futures on the Dow Jones Industrial Average YM00, -0.73% were off 64 points, or 0.2%, at 28,010, while S&P 500 futures ES00, -1.40% fell 29.10 points, or 0.9%, to 3,388.50. Nasdaq-100 futures NQ00, -3.34% dropped 270.75 points, or 2.3%, to 11,278. U.S. markets were closed Monday for Labor Day.
The tech-heavy Nasdaq Composite COMP, -1.26% dropped 3.3% last week to end Friday at 11,313.13, its biggest weekly decline since March. The Dow Jones Industrial Average DJIA, -0.56% lost 1.8% last week, ending at 28,133.31, while the S&P 500 SPX, -0.81% dropped 2.3% to 3,426.96 — the biggest weekly falls for those indexes since June.
What’s driving the market?
The major U.S. stock indexes sunk last week, with the Nasdaq bearing the brunt, as previously highflying technology shares suffered a heavy bout of selling....
In early pre-market Apple is down $6.66, no worries
