Syndicated News Headlines - Promo

Futures Spark After Worst Day in Nearly 2 Yrs.


S&P 500 futures rose on Tuesday after the broad index notched its worst day in nearly two years as global markets sold off.

Futures for the Dow Jones Industrials barreled 276 points, or 0.7%, to 39,125.

Futures for the S&P 500 index fell 48 points, or 0.9%, at 5,265.50

Futures for the NASDAQ sparked 189.25 points, or 1.1%, to 19,202.50.

The moves follow a sharp selloff during Monday trading amid concerns over the state of the economy. The 30-stock Dow dropped 1,033.99 points, or 2.6%, while the S&P 500 slid 3%. Both indexes notched their worst sessions since September 2022. The NASDAQ shed 3.4%, tumbling deeper into a correction.

Technology stocks that sold off during Monday’s session bounced in overnight trading.

Nvidia added nearly 3%, following a 6.4% loss during regular trading. Mega-cap technology stocks Alphabet, Microsoft, Meta Platforms and Amazon added more than 1% each. Apple also added nearly 1% after dropping about 4.8% during regular trading.

In Japan, the Nikkei 225 soared 10.2% Tuesday, while in Hong Kong, the Hang Seng index sank 0.3%.

Oil prices recovered 29 cents to $73.23 U.S. a barrel.

Gold prices gained $6.80 to $2,451.300



Source link

About The Author

Scroll to Top