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Global markets tumble; U.S. stock futures point to continued selloff on Wall Street

MarketWatch
Global markets tumble; U.S. stock futures point to continued selloff on Wall Street

Global stocks were under pressure Thursday, with U.S. stock-index futures pointing to continued selling on the heels of a more than 800-point plunge for the Dow industrials a day earlier. The broad market rout that extended into Asia came after investors got spooked by rising bond yields and the prospect of U.S. interest rates heading higher. How are major benchmarks faring? Dow Jones Industrial Average futures YMZ8, -1.07%  were down 122 points, or 0.5%,l to 25,403, while S&P 500 futures ESZ8, -0.88% dropped 9.7 points, or 0.3%, to 2,771.40. Nasdaq-100 futures NQZ8, -0.79%  dropped 19.25 points, or 0.3%, to 7,012.75. See: Why the stock market tumbled Wednesday, ushering in its worst start to