U.S. Stock Futures Tumble After Rough Day For Asia, Oil Under Pressure
U.S. stock futures pointed to a much weaker start for Wall Street on Thursday. As in recent sessions, Asia markets fell overnight and losses for oil are also picking up, creating a risk-off environment for investors. Dow Jones Industrial Average futures slid 123 points, or 0.8%, to 15,595, while S&P 500 futures dropped 16.4 points, or 0.9%, to 1,838.50. Nasdaq 100 futures fell 35.75 points, or 0.9%, to 4,098. In Asia, the Nikkei 225 index gave up an early lead to close down 2.4% in a volatile session in which the Shanghai Composite is down 3.2%. U.S. crude oil was hovering at $28 a barrel, down 1%, and Brent crude slid 24 cents, or 0.9%, to $27.66 a barrel.
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