February 5, 2017
U.S. stock futures fell sharply on Monday morning as Wall Street added to the large losses suffered last week.
Dow Jones industrial average futures fell 300 points, while S&P 500 and Nasdaq 100 futures in premarket trading.
The major U.S. stock indexes capped off their worst weekly performance in two years on Friday following a steep sell-off. The Dow and S&P 500 pulled back 4.1 percent and 3.9 percent, respectively, last week. The Nasdaq lost 3.53 percent.
The Dow fell 665.75 points on Friday — or 2.5 percent — notching its biggest one-day sell-off since June 2016. The S&P 500 had its worst one-day performance since Sept. 2016 and the Nasdaq posted its worst session since August 2017.
This article was posted: Monday, February 5, 2018 at 8:03 am