US futures, Nvidia drop after chipmaker’s outlook
US equity-index futures and Nvidia Corp. retreated after the chipmaker’s sales outlook missed lofty expectations, weighing on sentiment around the world’s most valuable listed company.
Contracts for the Nasdaq 100 declined 0.6% while the chipmaker retreated 3% in extended-hours after the company’s sales forecast fell short of estimates. US stocks dipped in late hours after the S&P 500 benchmark hit a record high during regular trading. Futures for Hong Kong and Chinese stocks were weak as Meituan’s warning pushed an index of US-listed Chinese companies to its worst day in two months.
