U.S. Futures Signal Rise After Worst Two-Day Drop Since February
- December contracts on S&P 500 index climb as much 1.4 percent
- Window of opportunity for “not so meek of heart,” Oanda says
This article is for subscribers only.
U.S. equity futures staged a rebound after the worst two-day slump since February as technical levels continued to exert outsize influence on the stock market.
December contracts on the S&P 500 Index climbed as much as 1.4 percent, compared with the cash market’s 2.1 percent decline. Futures on the Nasdaq 100 gained 1.5 percent, while contracts on the Dow Jones Industrial Average climbed 0.9 percent.