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Stock futures tick up slightly on Wednesday after two-day market rally ends - CNBC

Stock futures tick up slightly on Wednesday after two-day market rally ends - CNBC

Stock futures tick up slightly on Wednesday after two-day market rally ends - CNBC
Oct 06, 2022 51 secs

stock futures were about flat on Thursday morning after falling in the regular trading session and breaking a massive two-day rally.

S&P 500 futures were little changed, and Nasdaq 100 futures climbed 0.11%.

Rising yields added pressure to stocks Wednesday.

"Few are convinced that the recent move is more than a bear market rally, with skepticism over the durability," said Mark Hackett, chief of investment research at Nationwide.

Even though stocks pulled back Wednesday, stopping a major two-day win streak, October may still be the start of a new bull market rally according to Ryan Detrick, chief market strategist at Carson Group.

He also noted that even though markets ended the day lower, stocks posted a major rally in the afternoon that regained a lot of lost ground?

Stock futures opened flat Wednesday evening after all three major averages closed lower, failing to continue a major two-day rally that started this week

Dow Jones Industrial Average futures rose by 7 points, or 0.03%

S&P 500 and Nasdaq 100 futures climbed 0.02% and 0.03%, respectively


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