12 Feb 2016
US stocks attempting rally after five-day fall
US equity index futures are attempting a rally at the end of a turbulent week dominated by fears about the health of the banking sectors.
At the time of writing, the Dow futures were up 137 points or 0.90%. The S&P 500 futures were up 18 points or 1%. Meanwhile, the tech-heavy Nasdaq futures were up 0.90% as well.
Rally in oil prices is providing relief to the markets and led investors to take profits on safe havens like Gold and Treasuries.
Across the pond, the pan-European Stoxx 600, which fell 6.8% over the previous four sessions, is up 2%.
At the time of writing, the Dow futures were up 137 points or 0.90%. The S&P 500 futures were up 18 points or 1%. Meanwhile, the tech-heavy Nasdaq futures were up 0.90% as well.
Rally in oil prices is providing relief to the markets and led investors to take profits on safe havens like Gold and Treasuries.
Across the pond, the pan-European Stoxx 600, which fell 6.8% over the previous four sessions, is up 2%.