Futures fall on Trump impeachment push, Nike gains

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U.S. stock index futures edged lower on Wednesday as a move to launch an impeachment inquiry into President Donald Trump injected a fresh dose of ...

REUTERS: U.S. stock index futures edged lower on Wednesday as a move to launch an impeachment inquiry into President Donald Trump injected a fresh dose of uncertainty, with forecast-beating results from Nike Inc helping dispel some gloom.

Advanced Micro Devices Inc , Intel Corp and Nvidia Corp shed between 0.5per cent to 0.9per cent in premarket trading, while Boeing Co dropped 0.4per cent. Nike's shares jumped 5.7per cent premarket, on course for a record open and likely boosting the Dow Jones Industrial Average , after first-quarter results beat market expectations.Chipmaker Broadcom Inc dropped 3per cent after it priced an upsized offering of convertible preferred stock.

 

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