Dow and S&P 500 stock futures moved higher early Friday, on the heels of a severe bout of late selling, which pushed both indexes into correction territory. Dow futures rose 134 points, or 0.6%, to 24,107, while S&P 500 futures added 15.10 points, or 0.6%, to 2,609. Nasdaq-100 futures gained 36.5 points, or 0.6%, to 6,353. On Thursday, the Dow Jones Industrial Average plunged 1,032.89 points, or 4.2%, to close at 23,860.46, its second-worst point decline ever on Thursday. The S&P 500 index slumped 100.66 points, or 3.8%, to 2,581. The Dow and the S&P 500 are each down just over 10%, respectively, from their all-time highs. A correction is normally defined as a pullback of at least 10% from a peak. Wall Street’s bruising session pushed Asian stocks into the red, with the Shanghai Composite slumping as much as 6% at one point. European stock futures also pointed to opening losses.
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