Stock Futures Drop After Selloff, Global Stocks Slide

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Stock futures pointed lower after Wall Street's biggest rout this year. The S&P 500 is set to open near bear-market territory for the first time since March 2020.

Stock futures slid, pointing to deeper losses for U.S. markets on growing worries of an economic slowdown.

Futures for the S&P 500 fell 1.3%, suggesting the index will open close to bear market territory—market shorthand for a 20% fall from a recent high. It tumbled 4% Wednesday, its biggest one-day retreat since June 2020. After that drop, the S&P 500 had retreated more than 18% from its January all-time high.

 

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🤣🤣🤣 Let the boomers crash & burn 🔥🔥🔥

I am enjoying the sell off as I don’t hold shares , I day-trade stock options . This is my time to be aggressive in the markets & take risk while learning how the market flows . I think when I get older & my risk appetite changes I’ll be more inclined to truly invest .

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