By Oliver Gray
Investing.com - U.S. Stock futures were little changed in early APAC deals on Friday after closing lower in the previous session. Market participants retreated following hawkish comments from FOMC policymakers ahead of the closely watched Jackson Hole symposium as investors anticipate further details into the central bank’s plans to taper monetary stimulus.
During the regular session on Thursday, The Dow Jones Industrial Average lost 192.4 points or 0.54% to 35213.11, snapping a 4-session win streak, the S&P 500 slid 26.19 points or 0.58% to 4470.01 and the NASDAQ Composite fell 26.19 points or 0.64% to 14945.81, both snapping 5-session streaks.
Risk sentiment was further dampened amid new developments in Afghanistan, as an Islamic State terror attack killed at least 60 people outside Kabul’s Hamid Karzai International Airport. The Pentagon confirmed that the explosions killed 13 U.S. service members and wounded 15.
Among stocks, Gap Inc (NYSE:GPS) lifted 7.02% in extended deals after reporting quarterly earnings, beating market expectations on top and bottom lines. Peloton Interactive Inc (NASDAQ:PTON) declined 6.27% in extended trading after reporting a wider-than-expected quarterly loss. Workday Inc (NASDAQ:WDAY) gained 4.83% after hours following a better-than-expected quarterly earnings report.
On the bond markets, U.S. 10-year treasury yields were at 1.339%.