Stock futures plunged in early trading on Friday, weighed by losses for China stocks fell and renewed pressure on oil. The losses for futures came in a volatile week and after Thursday’s rally for Wall Street stocks tied to higher oil prices. Dow Jones Industrial Average futures slid 135 points, or 0.8%, to 16,143, while S&P 500 futures dropped 15.85 points, or 0.8%, to 1,898.75. Nasdaq 100 futures tumbled 42.25 points, or 1%, to 4,215.50. February crude oil dropped 0.8%, or 2.5%, to 30.43 a barrel, all but reversing Thurday’s gains. In China, the Shanghai Composite tumbled 3.4% to 2,905.13.
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From:: Stock Market News