Futures point to a decline for US stocks after the Dow’s record-breaking Wednesday

U.S. stock futures pointed to sharp losses on Thursday after a massive rally the day before.

Dow Jones Industrial Average futures implied a drop of more than 300 points at the open as of 7:01 a.m. ET Thursday. S&P 500 and Nasdaq 100 futures also pointed to declines for the other two major indexes on Wall Street when they open.

That follows the posting on Wednesday its largest single-day point gain in history, jumping 1,086.25 points, or 4.98 percent, to close at 22,878.45. The day’s gain also marked the biggest upside move on a percentage basis for the Dow since March 23, 2009, when it rose 5.8 percentage points.

The also catapulted 4.96 percent — its best day since March 2009 — to finish the trading day at 2,467.70. The also had its best day since March 23, 2009, soaring 5.84 percent to close at 6,554.36.

No comments yet - you can be the first!

Comments are closed.

Do you Love your country but hate your government?

Join your fellow Libertarians who seek a world of liberty; a world in which all individuals are sovereign over their own lives and no one is forced to sacrifice his or her values for the benefit of others. Join over 500,000 Americans who get their daily dose of minimal government and maximum freedom with The New Liberty Movement.

We know how important your privacy is and your information is SAFE with us. We’ll never sell
your email address and you can unsubscribe at any time directly from your inbox.
View our full privacy policy.