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Market Snapshot: Dow poised to slide, give up chunk of rally

U.S. stock futures fell Wednesday, setting up the Dow to resume its recent slump a day after it rallied.

The stock market is struggling to stabilize after heavy selling on Friday and Monday, and after a wild day of trading Tuesday. Analysts have pinned the drop in part on rising bond yields amid signs of inflation, as they also note that equities were due for a pullback after scoring big gains in January and throughout 2017.

Check out:Why the Dow has suddenly become a hot mess

What are the main benchmarks doing?

Dow Jones Industrial Average futures YMH8, -0.28% dropped by 192 points, or 0.8%, to 24,608, while S&P 500 futures ESH8, -0.41% shed 43 points, or 0.8%, to 2,672.50.

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