Stock Futures Point to Friday Rebound After S&P 500 Correction
Stock futures were bouncing back early Friday after retreating enough on Thursday to push the S&P 500 into a correction. A correction is when the index falls 10% from its most recent peak and is seen as an important marker for traders.
S&P 500 ends in correction as stock-market rout resumes
The S&P 500 officially joined the Nasdaq Composite in correction territory on Thursday by cementing a close at least 10% below its prior peak level. Stocks remain under pressure as President Trump kept up his freewheeling style on negotiating with major U.
When President Trump entered his first term, stocks were steadily marching upward. This time, the trajectory has inverted.
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