A woman with a facial mask passes the New York Stock Exchange on February 3, 2020 at Wall Street in New York City.
Stock futures fell sharply on Thursday night as traders pored through the latest batch of big tech earnings after Wall Street wrapped up its best month in decades.
. Also, the company did not offer guidance for the quarter ending in June amid uncertainty over the coronavirus outbreak. The tech giant's stock traded more than 1% lower in after-hours trading. "Dependency on a handful of stocks has masked broadly based weakness in the past, and if they falter, could obscure broadly based improvements going forward," said Willie Delwiche, investment strategist at Baird, in a note.
Those gains were driven in part by hopes of a potential treatment for the coronavirus. Earlier in the week, Gilead Sciences said a study of its remdesivir drug conducted by National Institute of Allergy and Infectious Diseases met its primary endpoint.
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