Dow futures jump after Fed-led selloff as oil retreats
Dow futures are up about 360 points, indicating a partial recovery after Wednesday’s ~630-point loss, with oil retreating and Asian stocks rising.
Blue-chip index futures are set to recover more than half of Wednesday’s 630-point loss as oil retreats and Asian stocks rise. Dow futures are staging a partial recovery as markets digest the Fed hangover, with cheaper oil and gains in Asia helping sentiment. The dollar is firmer while alternatives are moving more cautiously as the central banks’ week continues.