S&P 500 futures slid Thursday, as traders fretted over a continued rise in interest rates.
Futures for the Dow Jones Industrials jacked up 71 points, or 0.2%, early Thursday to 32,764, as Salesforce shares popped on a strong quarter and forward guidance.
Futures for the S&P 500 fell 13.75 points, or 0.4%, to 3,942.75.
Futures for the NASDAQ Composite lost 63 points, or 0.2%, to 11,898.75.
Along with Salesforce, Okta shares jumped in overnight trading on solid earnings and guidance. Silvergate Capital, meanwhile, shares plunged more than 30%, after the company delayed its 10-K annual report.
Tesla shares, popular with retail investors, lost 5% after the company failed to unveil details of any next-generation vehicles during its much-anticipated investor day Wednesday. The decline put pressure on S&P 500 and Nasdaq-100 futures.
Rates, meanwhile, pressed higher, with the benchmark 10-year note yield trading above 4%. The 2-year note yield reached levels not seen in more than a decade.
On the economic front, investors await jobless claims, and unit labor costs and productivity data. A speech from Fed Governor Christopher Waller is also slated for Thursday afternoon.
In Japan, the Nikkei 225 index sank 0.1%, while in Hong Kong, the Hang Seng gave up 0.9%.
Oil prices gained 31 cents to $78.00 U.S. a barrel.
Gold prices slipped $4.90 to $1,840.50 U.S. an ounce.