June S&P 500 E-Mini futures (ESM24) are down -0.53%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.87% this morning as a disappointing revenue outlook for the current quarter from Meta weighed on sentiment, while market participants braced for a new round of U.S. economic data and quarterly reports from heavyweight names.
Meta Platforms (META) slumped over -12% in pre-market trading after the Facebook parent provided weaker-than-expected Q2 revenue guidance and increased its full-year capital expenditures forecast.
