Vipshop (VIPS) stock drops after Q2 adjusted earnings miss estimates and lower Q3 guidance signals weak consumer demand.

Vipshop (VIPS) stock drops after Q2 adjusted earnings miss estimates and lower Q3 guidance signals weak consumer demand.

U.S. stock futures rise, Nasdaq 100 gains 200 points. Vipshop shares fall 4.9% after reporting Q2 earnings below expectations. Other stocks dip in pre-market trading.