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Wall Street set to drop after two-day bounce

(Reuters) – U.S. stock futures pointed to a lower open for Wall Street on Tuesday, halting two days of gains that had somewhat cooled investor nerves about a burgeoning market correction.

By 8:35 a.m. ET (1335 GMT), Dow e-minis 1YMc1 were down 122 points, S&P 500 e-minis ESc1 were down 11.25 points, Nasdaq 100 e-minis NQc1 were down 32.75 points.

The major indexes gained roughly 3 percent over the past two trading sessions, their best such period since June 2016 and after finishing last week with their worst performance in two years.

“We saw an impressive rebound yesterday, but by no means are we in the…
Reuters: Business News

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