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Futures: S&P down 0.46%, Nasdaq down 0.71%, Dow flat

Oct 25 (Reuters) - Nasdaq and S&P 500 futures fell on Wednesday,
led by a slide in Alphabet on weak growth in its cloud division,
while other mega-cap tech stocks also felt the pressure of rising U.S.
Treasury yields and investors fretted over the Israel-Hamas conflict.


Google-parent Alphabet slid 6.6% in premarket trading as its
cloud business crawled to its slowest growth in at least 11 quarters.


Microsoft, on the other hand, rose 3.6% after topping expectations for first-quarter
results in all segments, including its cloud business in early signs that the Windows maker's investment in artificial intelligence was paying off.


However, a rise in long-dated U.S. Treasury yields
also pressured other mega-cap stocks. Meta Platforms, due to report after
the closing bell, fell 0.8%, while Apple and Amazon.com dropped 0.5%
and 1.3%, respectively.

At 5:09 a.m. ET, Dow e-minis were up 8 points, or 0.02%,
S&P 500 e-minis were down 19.5 points, or 0.46%, and Nasdaq 100
e-minis were down 105.25 points, or 0.71%.

Boeing, General Dynamics, Hilton, Moody's, T-Mobile and Hess are among
the companies scheduled to post results before the opening bell.


Of the 118 S&P 500 companies that have reported so far, 81% have
beaten analysts' earnings expectations, LSEG data showed on Tuesday.


Meanwhile, Israel intensified its bombing of southern Gaza overnight as world leaders called for a h

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