Major U.S. airlines ordered ground stops citing communications issues, while firms including some financial services and banks reported system outages that...
- U.S. stock index futures fell on Friday, as traders shifted out of expensive megacap technology stocks, while assessing the impact of a worldwide tech outage that hit businesses across sectors.
London Stock Exchange Group's Workspace news and data platform was also hit by the outage, affecting user access worldwide and leading to disruptions across financial markets, while Euronext said some North American stocks-based indices were being broadcast incorrectly. Signaling investor unease, the VIX, Wall Street's "fear gauge", was trading above 16 points - its highest since late April.Corporate earnings are also on deck. Reports from American Express, The Travelers Companies and Halliburton are expected before markets open on Friday.
At 5:26 a.m. ET, Dow e-minis were down 128 points, or 0.31%, S&P 500 e-minis were down 13.5 points, or 0.24%, and Nasdaq 100 e-minis were down 73.25 points, or 0.37%.
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