US equity futures point to another rough ride

The incredible comeback in US equities yesterday will need something of a repeat for another positive close. S&P 500 futures are down 65 points just ahead of the open. Dow futures are down 262 points and once again the Nasdaq is lagging, with futures pointing to a 287 point decline.

Yesterday’s low in the S&P 500 was 4222, which is 188 points below the close.