por admin » Lun Feb 05, 2018 7:30 am
Dow futures shed 300 points as stocks resume Friday's ugly sell-off
Fred Imbert | @foimbert
Published 13 Hours Ago Updated 14 Mins Ago
CNBC.com
Dow futures were off 300 points, and S&P 500 and Nasdaq 100 futures were also down sharply in premarket trading Monday.
The major U.S. stock indexes capped off their worst weekly performance in two years on Friday following a steep sell-off.
The Dow fell 665.75 points on Friday — or 2.5 percent — notching its biggest one-day sell-off since June 2016.
A trader works on the floor of the New York Stock Exchange after the closing bell in New York City.
Getty Images
A trader works on the floor of the New York Stock Exchange after the closing bell in New York City.
U.S. stock futures fell sharply on Monday morning as Wall Street added to the large losses suffered last week.
Dow Jones industrial average futures fell 300 points, while S&P 500 and Nasdaq 100 futures in premarket trading.
The major U.S. stock indexes capped off their worst weekly performance in two years on Friday following a steep sell-off. The Dow and S&P 500 pulled back 4.1 percent and 3.9 percent, respectively, last week. The Nasdaq lost 3.53 percent.
The Dow fell 665.75 points on Friday — or 2.5 percent — notching its biggest one-day sell-off since June 2016. The S&P 500 had its worst one-day performance since Sept. 2016 and the Nasdaq posted its worst session since August 2017.
The S&P 500 also snapped its longest streak without a pullback of at least 3 percent Friday. The broad index went 448 days without a decline of that magnitude, according to Bespoke Investment Group.