US stocks are showing signs of life after a bloodbath wiped out the Dow's gains for the year
US futures showed signs of life on Thursday after a two-day bloodbath.
The Dow Jones Industrial Average slumped more than 3% in two days, wiping out its gains for the year, while the FTSE 100 plunged 3.2% on Wednesday, its biggest drop in more than three years. "Ugly is the only way to describe it," Neil Wilson, chief market analyst for Markets.com, said in a morning note. "Not quite free-fall or panic, but very ugly."US futures showed signs of life on Thursday after a two-day bloodbath. The Dow Jones Industrial Average slumped more than 3% in two days, wiping out its gains for the year, while the FTSE 100 plunged 3.2% on Wednesday, its biggest drop in more than three years.
"Ugly is the only way to describe it," Neil Wilson, chief market for Markets.com, said in a morning note. "Not quite free-fall or panic, but very ugly."
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