Economic news

Review: Stock futures fall while tech giants worries continues

U.S. stock index futures fall on Monday when Nasdaq futures taking the biggest blow in the technology sector. 

Shares of high-tech companies settle for a record-breaking rally, mainly due to the growth in quarterly earnings. The S&P 500 technology index .SPLRCT increased 18.5% this year and is on track for their best annual performance since 2014.

Apple (AAPL.O) suffered its worst fall in 14 months on Friday, which caused sales of high-tech stocks. 

Such tech giants as Microsoft (MSFT.O), Facebook (FB.O), Netflix (NFLX.O) and Google (GOOGL.O) were in the red zone.

Shares of Apple suppliers, including Qualcomm (QCOM.O), Skyworks Solutions (SWKS.O) and Micron Tech (MU.O), also came under pressure.



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