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?
slid 147 points, or 0.6%, to 24,437, while S&P 500 futures
dropped 12.95 points, or 0.5%, to 2,642. Nasdaq-100 futures
fell 30.50 points, or 0.5%, to 6,401.25.
On Monday, the Dow Jones Industrial Average
rallied 410.37 points, or 1.7%, to 24,601.27, with 28 of the 30 components trading higher. The S&P 500 index
advanced 1.4%, to 2,656, while the Nasdaq Composite Index
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?
The dollar was under pressure, notably against the Japanese yen
, where it dropped 0.9% to 107.67. The ICE U.S. Dollar Index
edged down 0.3% and bitcoin
rose 6.4% to $8,847.20.
The yield on 10-year Treasury notes
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
and gold futures
rose slightly. Bitcoin
eased off nearly 4% to $8,539.37.
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