U.S. stock futures pare losses as Asia tumbles

Wall Street could potentially see another volatile session on Thursday, as stock futures swung from negative to positive ground. As in recent sessions, Asia markets fell overnight and losses for oil picked up, which triggered a 100-point loss for Dow Jones Industrial Average at the start of European trading. Those losses were pared back and DJIA futures last fell 18 points to 15,704, while S&P 500 futures dropped 0.1 point to 1,855.25. Nasdaq 100 futures fell 2.5 points to 4,128. In Asia, the Nikkei 225 index gave up an early lead to close down 2.4% in a volatile session in which the Shanghai Composite is down 3.2%. U.S. crude oil also pared losses, last down 11 cents to $28.24 a barrel, and Brent crude was off 11 cents to $27.77 a barrel.

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From:: Stock Market News

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