Markets Falter as Big Tech Slide Continues. Stock Futures Slip With Eyes on Fed Summit.

Futures for the main stock indexes were mostly pointing down after the so-called Magnificent Seven stocks slid for a second day on Wednesday. The group of highly valued technology stocks–Amazon, Apple, Google-parent Alphabet, Microsoft, Facebook owner Meta Platforms, chip maker Nvidia, and electric vehicle maker Tesla–have been the driver of a broad pullback in the tech sector. Cook said she won’t step down.