US equity futures fell late Wednesday as investors digested third-quarter earnings from Meta and Tesla, with the S&P 500 and Nasdaq-100 slipping 0.5% and 0.7% respectively.
01Summary
- 01S&P 500 futures fell 0.5%, Nasdaq-100 futures dropped 0.7%, and Dow futures ticked down 0.3% (170 points) late Wednesday.
- 02Meta shares gained 2% in extended trading after reporting revenue of $64.60bn, beating the LSEG consensus of $63.37bn.
- 03Tesla shares fell 3% in extended trading despite beating estimates with adjusted earnings of 48 cents per share on revenue of $28.05bn.
- 04South Korea's Kospi fell more than 1% and Japan's Nikkei 225 declined 0.73% after markets opened lower in Asia on Thursday.
- 05Southwest Airlines cut its 2026 profit outlook to $2.60-$2.85 per share, citing higher fuel prices.
02Why it matters
This matters because the performance of major US tech stocks and Asian markets can influence global investor sentiment and portfolio values for UK readers with international exposure.
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