Stocks futures climbed in overnight trading on Monday after technology shares suffered their worst sell-off in more than five months.
Futures on the Dow Jones Industrial Average gained about 215 points, while the S&P 500 futures rose 0.5%. The Nasdaq 100 futures, however, dipped 0.2%.
Stocks just snapped a five-week winning streak after a big reversal in major technology stocks last week. Steep losses in Amazon, Apple, Microsoft and Facebook — 2020′s market leaders — drove the tech-heavy Nasdaq Composite down 3.3% to suffer its worst week since March 20. The Dow and the S&P 500 fell 1.8% and 2.3% last week, respectively, posting their biggest weekly losses since June.
Reference: CNBC
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