US Markets

U.S. stock futures wavered after the Labor Day holiday as investors remained jittery about recent falls in giant tech stocks.

The market roller-coaster ride into the Labor Day weekend is confronting investors with fresh questions about the soundness of the technology-led advance in major stock indexes.

The market finally reached a breaking point on Thursday when the major averages suffered their steepest one-day decline since June with the S&P 500 dropping 3.51% and the Nasdaq tumbling 4.2%.

Alphabet Inc., Amazon Inc. and Microsoft Corp, -- three companies with a market value of greater than $1 trillion -- fell again after Thursday’s bruising selloff.

Tesla shares have fallen more than 20% from their Aug. 31 peak.

Big tech is leading the sharp drop in stocks.

Stocks will return 3% to 4% per year for the next decade, according to Bank of America.

Campbell Soup reported earnings and revenue that outpaced Wall Street expectations.

US stocks hit fresh records on Wednesday.

Macy's loss narrowed from the previous quarter as the department store chain continued to see relief following its COVID-19-induced lockdowns.

Stocks kept their record setting pace as September began after the best August in 36 years.

Zoom Video Communications's market capitalization passed $125 billion for the first time after the company on Monday evening reported quarterly results that topped Wall Street estimates.

Tesla is planning to sell up to $5 billion of stock to bolster its balance sheet.

Eastman Kodak shares surged Tuesday after a company filing disclosed the hedge fund D.E. Shaw amassed a 5.2% stake.

Apple and Tesla stock splits were well received among investors.

Shares of both Tesla and Apple hit fresh highs after splitting their stocks.

Nestle S.A. has bought the remainder of Aimmune Therapeutics for about $2 billion.

Nio. Inc raised $1.5 billion through an upsized 88.5 million share offering.

Apple and Tesla split their shares, which could fuel further gains.

The S&P 500 has gained 6% since Aug. 3, giving Trump a potential edge ahead of Election Day.