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The Breakfast Briefing: U.S. Stock Futures, Oil Prices Up After Market Meltdown Tuesday
FYI: Global stocks rebounded Wednesday as investors weighed whether the recent selloff was the beginning of the end for the yearslong bull market or a temporary setback.
The Stoxx Europe 600 was up 0.6% in early morning trade, as a bounce in oil prices helped steady sentiment. Asian markets were mixed.
On Wall Street, futures pointed to opening gains of 0.7% for the S&P 500 and 0.6% for the Dow Jones Industrial Average. A selloff Tuesday wiped out yearly gains for both indexes.
The jitters added to a volatile stretch for markets that has led some market participants to question whether the 10-year bull market is running out of steam. A cocktail of factors, ranging from concerns about global growth, international trade frictions and a selloff in the tech sector have weighed on indexes in 2018.
