U.S. stock-index futures traded lower as equities continue to gyrate following a Thursday session marked by an initial sell-off and a subsequent rally.
Investor sentiment remains in limbo, caught between worries that the trade truce between China and the U.S. won’t last and the prospect of a pause in Federal Reserve tightening.
December contracts on the S&P 500 Index fell as much as 0.8 percent. Futures on the Nasdaq 100 Index and Dow Jones Industrial Average dropped a maximum of 0.9 percent and 0.8 percent, respectively.
On Thursday, U.S. equities pared an early slide after a rally in large technology stocks helped to propel the Nasdaq 100 higher in what was the biggest reversal for the index since April. The S&P 500 and Dow Jones Industrial Average ended in negative territory, but only slightly. Bank shares in the S&P 500 fell as much as 3.9 percent before closing down 1.4 percent, as Treasury yields slid to the lowest since August.
Source : Bloomberg