Market Snapshot: Dow futures up nearly 200 points, poised for modest comeback after stock market rout rattles Wall Street

U.S. stock benchmarks on Thursday were poised for a tepid rebound a day after a wave of late-session selling wiped out all the gains for the Dow and S&P 500 and put the Nasdaq into correction territory for the first time in two years.

Wall Street has been combating a litany of fears that has deeply unsettled the market, including worries about a global economic slowdown, the Federal Reserve’s rate-hike path and weaker-than-expected earnings outlooks.

How are major benchmarks faring?

Futures for the Dow Jones Industrial Average YMZ8, +0.73% were rising 191 points, or 0.9%, at 24,781, those for the S&P 500 index ESZ8, +0.84% were gaining 23.20 points, or 0.9%, at 2,687.50, while Nasdaq-100 futures NQZ8, +1.61% were up a more decisive 113.25 points at 6,950, a return of 1.6%.

>>> Original Source <<<