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Reuters: Stock futures signal drop after strong rally

Started by chris, November 14, 2008, 11:59:13 AM

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chris

Stock futures signal drop after strong rally
      


(Reuters) - Stocks were set for a lower open on Friday, surrendering some of the hefty gains made in the previous session after the S&amp;P 500 and Nasdaq indexes touched five-year lows that triggered a wave of bargain hunting. By 6:05 a.m. EST, S&amp;P 500 futures were down 1.6 percent, Dow Jones futures were down 1.5 percent and Nasdaq 100 futures weredown 0.7 percent.<div class="feedflare">
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