Third-straight win for U.S. stocks in doubt as Dow futures tumble more than 100 points

A recovery for U.S. equities showed signs of faltering on Tuesday, as stock futures stumbled in early trade, with Dow Jones Industrial Average futures dropping more than 100 points.

What are main benchmarks doing?

Dow futures

YMH8, -0.76%

 slid 147 points, or 0.6%, to 24,437, while S&P 500 futures

ESH8, -0.60%

 dropped 12.95 points, or 0.5%, to 2,642. Nasdaq-100 futures

NQH8, -0.49%

fell 30.50 points, or 0.5%, to 6,401.25.

On Monday, the Dow Jones Industrial Average

DJIA, +1.70%

rallied 410.37 points, or 1.7%, to 24,601.27, with 28 of the 30 components trading higher. The S&P 500 index

SPX, +1.39%

advanced 1.4%, to 2,656, while the Nasdaq Composite Index

COMP, +1.56%

climbed 1.6%, to 6,981.96.

That marked the second-straight winning session for U.S. stocks, as investors went hunting for bargains after last week saw the biggest weekly losses for all three indexes since 2016.

What are other assets doing?

Europe stocks

SXXP, -0.13%

were a mixed bag, while in Asia, the Japan’s Nikkei 225

NIK, -0.65%

 dropped 0.6%, bucking a mostly stronger session for other indexes.

The dollar was under pressure, notably against the Japanese yen

USDJPY, -0.89%

 , where it dropped 0.9% to 107.67. The ICE U.S. Dollar Index

DXY, -0.27%

edged down 0.3% and bitcoin

BTCUSD, -4.68%

 rose 6.4% to $8,847.20.

The yield on 10-year Treasury notes

TMUBMUSD10Y, -1.01%

slipped to 2.826% from 2.857% seen late Monday.

Read : This chart warns that the 30-year downtrend in interest rates may be over


CLH8, -0.35%

and gold futures

GCG8, +0.41%

rose slightly. Bitcoin

BTCUSD, -4.68%

 eased off nearly 4% to $8,539.37.

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