Wednesday, 23 January 2019
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US futures slightly lower as market volatility continues

U.S. stock index futures pointed to a lower open on Tuesday as stocks take a breather after a wild session in the previous trading day.

At 03:40 a.m. ET, Dow futures were down 69 points, implying a open of -20.26 points. Meanwhile, S&P 500 and Nasdaq futures also pointed to a lower open.

On Monday, stocks erased previous losses as shares of tech companies posted strong rebounds across the board.

The Dow closed 34.31 points higher at 24,423.26, erasing a 507-point drop. The S&P 500 rose 0.2 percent to 2,637.72 while the tech-heavy Nasdaq Composite jumped 0.7 percent to 7,020.52.

Market focus is largely attuned to global trade developments, after Beijing confirmed it was still in talks with Washington in an effort to broker a comprehensive trade agreement.

CNBC

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