Contracts on the S&P 500 and Nasdaq 100 indexes fluctuated after the underlying indexes posted the biggest one-day slump in two months. Longer-term Treasuries erased their gains. European stocks declined amid growing worries over earnings misses. The dollar was marginally higher and oil futures dropped. CoStar Group Inc. slumped in premarket New York trading on disappointing guidance.
Shorter-term Treasuries held to their gains, while longer-term ones erased theirs. The two-year rate slid 3 basis points from the highest level since early November. Its 10-year counter part was little changed. CoStar plunged 15 per cent in early New York trading after its annual guidance disappointed analysts and News Corp. said it’s no longer involved in discussions to sell its Move subsidiary to the real estate information and services company.