S&P 500 futures flat ahead of the open with pressure on tech

Social shares down on ad worries

S&P 500 futures are 3 points lower after the index touched a record high yesterday.

Tech shares are lower after Snap reported earnings and guidance that missed yesterday. A drop in advertising related to changes Apple made to privacy settings and so there was a negative read-through for Facebook and Twitter.

Meanwhile, Intel shares are down 10% on weaker sales as the company highlighted bottlenecks that they said would last all of 2022.

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October 23, 2021 at 01:19AM
Adam Button
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