Stock Futures Drop, Implying Reverse in Earnings-Season Rally

U.S. stock futures were down Wednesday evening as markets appeared to reverse course following two days of consecutive gains for the major indexes. 


he indexes rose Tuesday on an especially strong day for tech stocks. The S&P 500 gained 0.6% and the Dow Jones Industrial Average finished up 0.2%, while the tech-heavy Nasdaq Composite added 1.6%.




), which reported earnings on Tuesday afternoon that co-chief executive Reed Hastings deemed as “less bad results,” was one of the leaders, rising 7.4%.