Comment on US stocks look set to extend decline after weak earnings hit tech-heavy Nasdaq and investors await next week's Fed policy meet

US stocks look set to extend decline after weak earnings hit tech-heavy Nasdaq and investors await next week's Fed policy meet

Scott Heins/Getty Images US stock markets look set to mark another day of losses Friday after a brutal tech sell-off. Investors are anxiously awaiting the Fed's policy meeting next week for details on its plan to cool inflation. Oil prices slid more than 1%, coming under considerable pressure on more gloomy market sentiment. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US stock futures wavered on Friday after the tech-heavy Nasdaq entered correction territory, while the Federal Reserve's policy meeting next week continues to weigh on investor sentiment.Futures on the Dow Jones were about flat, while those on the S&P 500 dipped 0.1% as of 5:20 a.m.

 

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