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Stock futures inch lower following Thursday’s broad sell-off - CNBC

Stock futures inch lower following Thursday’s broad sell-off - CNBC

Stock futures inch lower following Thursday’s broad sell-off - CNBC
Sep 30, 2022 1 min, 5 secs

Stock futures rose Friday as traders tried to rebound from sharp selling this week that brought the S&P 500 to a new 2022 low.

Stock sold off Thursday, with the Dow losing more than 1% and the S&P 500 and Nasdaq Composite each dropping more than 2% as investors weighed concerns over future rate-hiking decisions from the Federal Reserve and the impact on the market.

The S&P 500 is off 1.4% for the week, while the Dow and the Nasdaq are each down 1.2%.

This would mark the sixth negative week in seven for the.

Quarter to date, the S&P 500 and Nasdaq are headed for their first three-quarter losing streak since 2009, losing 3.8% and 2.6%, respectively.

The Dow is down about 1.23% week to date, putting it on track for its sixth negative week out of the last second.

The S&P 500 was also on track for its sixth negative week out of the last seven, notching down 1.43% so far this week.

It has fallen 7.95% month to date, which would be its worst month since June if it remains at that level.

Also heading toward its sixth negative week out of the last seven, the Nasdaq slid 1.2% so far this week.

It is down 9.13% month to date, meaning it is on track for its worst monthly performance since April.

Summarized by 365NEWSX ROBOTS

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