Stocks
Futures Fall as Tech Stocks Dip; Microsoft Boosted by Upgraded Rating
US stock futures fell across the board ahead of trading on Friday.
The technology-heavy Nasdaq Composite had previously closed at record levels for two consecutive days, and its decline may be a sign that investors are taking profits after recent gains.
In other markets, oil prices rose slightly after a meeting between US and Iranian officials at the UN in New York.
Meanwhile, Microsoft shares got a boost as Stifel upgraded its rating from 'hold' to 'buy', setting a price target of $575 per share. Analysts expect the company to maintain revenue growth in the mid- to high-teens percentage range and control operating expenses effectively.