Stocks Extend Losses as Home Depot Flags Strain: Markets Wrap

Global markets extended a broad selloff, with US stock futures signaling a fourth day of losses after Home Depot Inc. highlighted signs of consumer strain.

S&P 500 futures slipped 0.5%. Home Depot fell nearly 4% in premarket trading after warning of weaker demand for big-ticket purchases. Tech weakness persisted, with Amazon.com Inc. and Microsoft Corp. down more than 1.5% after a ratings downgrade.

Treasuries were the main beneficiaries as investors continued to seek out havens, with the 10-year yield falling four basis points to 4.10%. Bitcoin briefly dipped below $90,000 before bouncing from the lows. Gold fluctuated above $4,000 ...