US Stock Market Live: US equity futures are pointing towards more pain ahead on Wall Street after Thursday’s rout wiped out over $2.5 trillion in market capitalisation. The Dow futures are currently trading 420 points lower, while futures linked to the S&P 500 and the tech-heavy Nasdaq are down 50 points and 125 points respectively. As of Thursday’s closing, all major benchmark indices in the US have either slipped into correction territory, meaning a 10% drop from the peak, or into a bear market, meaning a 20% drop from the peak. The Dow Jones is down 10% from the top, while the Nasdaq has nearly slipped into bear market territory with an 18% drop from its peak.
