Stock futures point higher after Monday's dump
Equity futures showed a higher open after a second straight day with 500 points loss.
Dow Jones futures increased by 0.3 percent. S & P 500 increased 0.3 percent and Nasdaq Composite increased 0.3 percent.
Shares in China and Hong Kong fell across Tuesday, tracking markets in the United States, as Chinese investors assess the effect of a decline in global economic growth
China's Shanghai Composite closed down 0.8 percent.
Hong Kong's Hang Seng Index ended the day by 1.1 percent.
Japan's Nikkei finished the day by 1[ads1].8 percent.
In European trade, London's FTSE opened 0.4 percent, Germany's DAX also fell 0.4 percent, and France's CAC lost 0.6 percent.
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| Ticker | Security | Last | Change | % Chg |
|---|---|---|---|---|
| In: DJI | DOW JONES AVERAGES | 23592.98 | -507.53 | -2.11% |
| ] SP500 | S & P 500 | 2545.94 | -54.01 | -2.08% |
| I: COMP | NASDAQ COMPOSITE INDEX | 6753.7326 | -156.93 | -2.27 % |
US stocks halted significantly lower Monday, deeper annual losses, before the final Federal Reserve Policy Meeting of the year, and still concerns about the impact of a trade crisis with China on the US economy. At the end of the afternoon, Dow Jones Industrial Average had more than 600 points.
During the volatility, Dow, S & P 500 and Nasdaq Composite are in negative territory for the 2018 year, the first down year since 2015. Russell 2000, a basket of smaller American based companies, closed the market for bear.
Nasdaq Composite deleted its 2018 gains on Monday's resale and left only Nasdaq 100 among the sought-after stock averages that remain positive for 2018.
