US stock futures steadied Thursday evening as investors looked to recover from Wall Street’s sharpest sell-off in more than a month.
Contracts tied to Dow Jones Industrial Average futures (YM=F), the S&P 500 (ES=F), and the Nasdaq 100 (NQ=F) all edged higher by about 0.2%.
The cautious early rebound follows a bruising session for US equities. All major indexes logged their steepest one-day declines in over a month. The Dow (^DJI) erased record-setting gains that had put it above 48,000 for the first time, while the Nasdaq Composite (^IXIC) led declines as heavyweights Nvidia (NVDA), Broadcom (AVGO), and Tesla (TSLA) all tanked.
Uncertainty around the Federal Reserve’s next policy move has begun to weigh on sentiment, as a jubilant mood from the end of the six-week government shutdown prompts fresh questions about the state of the US economy. Traders now see a…