July 25, 2018 / 10:42 PM / 3 months ago

Nasdaq futures drop as Facebook tumbles

SAN FRANCISCO, July 25 (Reuters) - Nasdaq futures dropped 0.85 percent late on Wednesday, suggesting the technology-heavy Nasdaq Composite index would fall when trading opens on Thursday morning.

After the bell, Facebook slumped 21 percent following its quarterly report, setting off a cascade of selling in technology and other high-growth stocks listed on the Nasdaq, including Amazon, Netflix and Alphabet . (Reporting by Noel Randewich; editing by Diane Craft)

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