US equity futures fall mainly affected by Facebook's pre-market dive

U.S. Stock index futures have for the most part reported a drop at the opening session on Thursday, due to the sharp drop in Facebook Inc. before the release of its disappointing quarterly report

What are the main benchmarks?

ESU8, -0.17%

lost 5.55 points, or 0.2%, to 2,835.75, while those for the Nasdaq-100, a heavy technology

NQU8, -0.81%

lost 63.75 points, or 0.9%, to 7,405.75.

Futures for the Dow Jones Industrial Average,

YMU8, + 0.14%

that does not have Facebook as one of its components, has withstood the negative trend, increasing by 33 points, or 0.1 %, at 25 436.

the Dow

DJIA, + 0.68%

S & P 500

SPX, + 0.91%

and Nasdaq Composite

COMP, + 1.17%

finished rising, rallying to the fence after President Donald Trump and EU Head Jean-Claude Juncker reached an agreement commercial

.

What motivates the markets?

Facebook

FB, + 1.32%

is one of the tech giants the stock market gains this year, but the script has simply rocked. The shares of the social media giant fell by 19% in pre-sales action after the company announced Wednesday lower-than-expected quarterly revenue, slowing user growth and weak guidance. Wednesday's optimistic meeting between Trump and the President of the European Commission. The two leaders concluded a trade agreement that was described as short-term, but still significant. The agreement shows that the White House is ready to at least consider not letting global trade tensions degenerate, said a column of MarketWatch.

"Facebook is expected to see its biggest liquidation of a day when it opens later today.The big question will be whether this will bring down the rest of the FAANG stocks," he said. said Jasper Lawler, head of research at London Capital Group, in a note, referring to Facebook, Apple Inc.

AAPL, + 0.94%

Amazon. com Inc.

AMZN, + 1.88%

Netflix Inc.

NFLX, + 1.55% [19659004] and Google parent Alphabet Inc.

GOOG, + 1.25%

GOOGL, + 1.41%

.

"While we expect Facebook's results to have an impact. If the long-term impact on FAANG's actions is greater, it's more likely that we'll start seeing a decoupling between Facebook and the group, "added Lawler

What other titles are referred to? include McDonald's Corp.

MCD, + 0.60%

Mastercard Inc.

MA, + 2.19%

Bristol-Myers Squibb Co.

BMY, + 1.34%

Xerox Corp.

XRX, -0.12%

Dunkin Group & Brands Inc.

DNKN, -0.37

Allergan PLC

AGN, + 1.07%

and American Airlines Group Inc.

AAL, + 1.98%

What Economic Reports Are Available?

Three reports are expected at 8:30 am, Eastern time, port on weekly jobless claims, durable goods orders and anticipated trade in goods. For these three publications, economists surveyed by MarketWatch expect to receive 219,000 claims, 3.7% growth in June and a $ 67.3 billion deficit in June, respectively.

Check-out: MarketWatch Economic Calendar

A second quarter reading on housing vacations is expected at 10 am

What are other markets doing?

SXXP, + 0.40%

was traded after the trade truce between the United States and the EU, while the Asian markets experienced a mixed evolution

CGQ8, -0.32%

and Oil Futures

CLU8, + 0.03%

were lower, as the ICE U.S. Dollar Index

DXY, + 0.07%

also lost ground.