10-19-17 5:03 AM EDT | Email Article

U.S. stock futures fell sharply on Thursday, led by a hefty tumble for Nasdaq-100 futures as shares of eBay Inc. (EBAY) slid. Dow Jones Industrial Average futures slid 115 points, or 0.5%, to 23,000, while S&P 500 futures dropped 13.10 points, or 0.5%, to 2,547.75. Nasdaq-100 futures slumped 46 points, or 0.7%, to 6,074. Shares of eBay slumped 6% in thin premarket trading -- the online auctioneer's shares took a hit late Wednesday after the company lowered its annual profit outlook. Other tech shares followed the shares lower in premarket trading, with Netflix Inc. (NFLX) down 1%, Apple Inc. (AAPL) off 1.6% and Nvidia Corp. (NVDA) dropping 1.1%. European shares were also taking a hit with the Stoxx Europe 600 index down 0.5%. Asia also saw heavy hits, with the Hong Kong's Hang Seng Index closing down 1.9%. The Shanghai Composite Index closed down 0.3%. Growth data released earlier in the day revealed a slowdown in China.

-Barbara Kollmeyer; 415-439-6400; AskNewswires@dowjones.com

 

(END) Dow Jones Newswires

10-19-17 0503ET

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