US Stock Futures Slip on Alphabet, Oil Advances: Markets Wrap


Contracts for the S&P 500 fell 0.2% while those for the Nasdaq 100 slipped 0.4% after both benchmarks fell in New York. In late trading, Alphabet Inc. dropped almost 5% after lifting its full-year capital expenditure forecast even as cloud revenue beat estimates. Tesla Inc. missed earnings expectations, while International Business Machines Corp. lowered its full-year sales outlook. Stock futures in Asia pointed to a mixed open.



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