U.S. Futures Point to Higher Open
Tuesday,
18-Dec-2018
04:32 PM (IST)
U.S. stock futures pointed to a higher open, suggesting that Wall Street's three major indexes would bounce back from the rout a day earlier.The blue-chip Dow futures were up 90 points, or around 0.4%, the S&P 500 futures rose 10 points, or about 0.4%, while the tech-heavy Nasdaq 100 futures indicated a gain of 33 points, or roughly 0.5%.The move in premarket comes after Wall Street tumbled more than 2% on Monday, extending the worst start to a December since 1980.Elsewhere, markets in Europe were mostly lower, with oil stocks leading the decline.Earlier, Asian shares sank, with Japan's Nikkei losing 1.8% to close at its lowest since late March. A speech by Chinese President Xi Jinping, which investors had hoped could lift morale, had no impact.
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