U.S. Stock-Index Futures Fluctuate as Week of Woe Draws to Close
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U.S. stock-index futures fluctuated at the end of a week that has seen key benchmarks enter a correction.
Contracts on the S&P 500 Index expiring in March swung between gains of 0.9 percent and losses of 0.4 percent, before trading 0.2 percent higher as of 12:05 p.m. in London, while those on the Dow Jones Industrial Average erased earlier gains to trade little changed. Nasdaq 100 futures climbed 0.5 percent. A selloff that accelerated late Thursday sent the S&P 500 down 3.8 percent, taking its slide since a Jan. 26 record past 10 percent -- the accepted definition of a correction. The Dow is also 10 percent below last month’s peak.