The U.S. stock futures are trading lower this Friday, as investors react to a new round of corporate earnings and continued pressure on semiconductor companies. The movement is also influencing risk assets, while Bitcoin was trading at US$ 63.768,59, down 1,20%.
Before Wall Street opened, S&P 500 futures fell to 7.552,25 pontos (-0,34%). Dow Jones futures dropped to 52.643,00 pontos (-0,27%), while Nasdaq futures posted the biggest loss among the main indexes, at 29.033,25 pontos (-0,66%). Meanwhile, Russell 2000 futures were down 0.20%, at 2.984,70 pontos, indicating weakness also among smaller-cap companies.
The cautious sentiment was reinforced by the rise of the VIX, known as Wall Street's fear index, which was up 6.76%, to 16.73 points. In the commodities market, gold was down 0.07%, quoted at US$ 3,989.40, while August crude oil advanced 0,70%, trading at US$ 78,83 per barrel.
Among the corporate highlights, Netflix was posting a drop of more than 8% in trading after reporting quarterly results that came in line with market estimates, but without positively surprising investors.
The previous session on Wall Street had already been marked by strong pressure on semiconductor companies. The S&P 500 ended the trading session down 0,5%, while the Nasdaq fell 1,5%. The Dow Jones also closed in the red, losing 105,67 points.
In Asia, the movement was similar. Japan's Nikkei 225 fell 0,6%, while the Topix declined 0,3%. In Australia, the S&P/ASX 200 lost 0,2%, while South Korea's markets remained closed due to a holiday.
The VanEck Semiconductor ETF (SMH) fell nearly 4%, extending its accumulated loss for the week to 6,9%. Taiwan Semiconductor led the declines after reporting earnings considered mixed, even with net profit growth in the year-over-year comparison. Marvell Technology, STMicroelectronics, and Micron followed the negative movement.