Nasdaq 100, Dow Jones and S&P 500 futures are trading with sellers after the release of the minutes of the FED’s June meeting. US stock indexes faced selling pressure after the majority of central bank officials revealed they expected continued increases in the coming period despite the fact that the majority of them approved to keep interest rates steady in June. It is noteworthy that the shares of technology companies Google and Tesla depreciated by 0.6% and 0.9%, respectively. Another Silicon Valley giant, Meta, is on the rise in light of the latest developments.
After Meta launched its Twitter competitor Threads, millions of users signed up for the platform within hours. In light of positive expectations, Meta shares later gained 1.7%.
Meta management, which coincided with the public launch of the new social media platform with Elon Musk’s decision to make paid arrangements on Twitter, created a big agenda on the application in a short time.
Victoria Scholar, head of investment at Interactive Investor, talked about Meta’s latest move. Scholar expects the stock price to continue to rise if Threads is successful.
The technology-heavy stock index Nasdaq 100 performed tremendously in the first half of 2023. According to statistics, the index recorded the biggest increase in 40 years, based on the first period of the year.
As of 14.07 Türkiye time, the latest situation in US futures indices is as follows:
- US 30: -0.40%
- US 500: -0.41%
- US Tech 100: -0.41%
- US 2000: -0.80%
Nasdaq 100, S&P 500 and Dow Jones futures fell similarly, while the Russel 2000 index, which includes smaller companies, lost more.
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