Nasdaq futures drop over 1% as Microsoft, Google earnings fan slowdown fears

Nasdaq tech stock futures fell more than 1% on Wednesday as disappointing results and warnings from Microsoft and Alphabet sparked losses among megacap companies and raised fears of slowing economic growth.Reuters:Microsoft Corp posted its lowest sales growth in five years and forecast second-quarter revenue below Wall Street estimates, while Alphabet reported downbeat ad sales and warned of a slowdown in advertising spending.
Shares of both companies fell around 6% each in premarket trading and