Last Updated: Jan. 31, 2021 at 6:38 p.m. ET
First Published: Jan. 31, 2021 at 6:34 p.m. ET
Dow futures down more than 200 points Sunday
The stock markets sank last week, following wild trading in heavily shorted companies.
U.S. stock futures fell late Sunday, following Wall Street’s worst week since October. Dow Jones Industrial Average futures
slid more than 200 points, or 1%, while S&P 500 futures
and Nasdaq-100 futures
both fell more than 1%.
Stocks tumbled Friday, with the three major indexes posting their worst week, and overall month, since October, as volatile trading in a number of heavily shorted companies such as GameStop
and AMC Entertainment
sparked worries of a bubble. Read: What January’s market decline means for stock returns in 2021 For the week, the Dow
closed 3.2% lower, the S&P 500
fell 3.3% and Nasdaq Composite
was off 3.5%. On a monthly basis, the Dow lost 2%, the S&P 500 shed 1.1% and the Nasdaq Composite gained 1.7%.