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Market Snapshot: Dow futures fall as traders brace for Powell redux

U.S. stock futures on Thursday point to a drop at the open, as traders waited for a fresh appearance before Congress by Federal Reserve chief Jerome Powell.

What are the main benchmarks doing?

Dow Jones Industrial Average futures YMH8, -0.17% fell by 73 points, or 0.3%, to 24,965, while S&P 500 futures ESH8, -0.12% shed 6.40 points, or 0.2%, to 2,708. Nasdaq-100 futures NQH8, -0.04% gave up 9.75 points, or 0.1%, to 6,855.25.

On Wednesday, the Dow DJIA, -1.50%closed lower by 381 points, or 1.5%, while the S&P 500 SPX, -1.11% shed 1.1%, and the Nasdaq Composite COMP, -0.78% slumped 0.8%.

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