(Reuters) - Wall Street’s main indexes dropped on Friday as Sino-U.S. tensions and fears over rising COVID-19 cases weighed on investor sentiment, erasing all gains for the benchmark S&P 500 index this week. Technology stocks were the biggest drag on all the three main indexes with high-flying companies Apple Inc (AAPL.O), Amazon.com Inc (AMZN.O) and Microsoft Corp (MSFT.O), which were pivotal in driving the stock market’s recovery in recent months, down between 0.8% and 1.9%. The technology...

(Reuters) - U.S. stock futures rose on Monday after a two-day slide for Wall Street, as bets on a more dovish outlook from the U.S. Federal Reserve brightened the mood ahead of a busy week for quarterly earnings reports from companies including Boeing and Apple. The S&P 500 and Dow logged their first weekly decline in four on Friday, following concerns over escalating coronavirus cases in southern and western U.S. states, rising tensions between the U.S. and China, and data that showed a...

(Reuters) - U.S. stock index futures ticked higher on Wednesday as investors hoped for cues of support from the Federal Reserve, while the country grappled with a spike in coronavirus cases. Recent data pointed to a possible slowdown in business and hiring as infections spiked in the three most populous states — California, Florida and Texas — this month. Investors will keep a close watch on how the U.S. central bank addresses these economic risks at the end of its two-day meeting on...

(Reuters) - Wall Street’s main indexes were set to open lower on Thursday after data confirmed the economy suffered its steepest contraction since the Great Depression in the second quarter, adding to gloom from job losses and a resurgence in coronavirus cases. Gross domestic product collapsed at a 32.9% annualized rate last quarter, a Commerce Department report showed, as business activity came to an abrupt halt due to efforts to slow the virus outbreak. Jobless claims numbers also showed...

(Reuters) - Futures tracking the Nasdaq 100 index jumped nearly 1% on Friday as tech titans Apple, Amazon.com and Facebook managed to deliver impressive quarterly earnings despite the COVID-19 pandemic that has crushed the wider U.S. economy. Apple Inc (AAPL.O) surged 6% in premarket trading, setting the stock on course to open at a record high, as it delivered year-on-year revenue gains across every category and in every geography. Amazon.com Inc (AMZN.O) jumped 5.4% after posting the...