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U.S. equity futures are moving lower hours before the opening bell Wednesday as Wall Street awaits earnings reports from both Home Depot and Macy’s.
On Wall Street, the S&P 500 fell 0.8% to 3,876.50, extending its losses to a fifth straight day. The benchmark index was just about evenly split between winners and losers, but technology stocks and companies that rely on consumer spending bore the brunt of the selling. Apple fell 3%, Microsoft dropped 2.7%, Tesla slumped 8.5% and Amazon