US Stock Market Live: Dow futures up 130 points; Asian markets open better than feared

US Stock Market Live: Futures on Wall Street continue to tread lower after Monday’s steep sell-off, which saw the Dow Jones fall as much as 1,300 points intraday. Futures on the Dow Jones are currently trading 80 points lower, while those on the S&P 500 and the Nasdaq are down 11 points and 50 points respectively. The 30-stock Dow ended 950 points lower on Monday, while the S&P 500 and Nasdaq fell 2.5% each, with all the indices having recovered marginally from the sessions’ lows. Watch this space for all the Live Updates.

US Stock Market Live: Futures on Wall Street continue to tread lower after Monday’s steep sell-off, which saw the Dow Jones fall as much as 1,300 points intraday. Futures on the Dow Jones are currently trading 80 points lower, while those on the S&P 500 and the Nasdaq are down 11 points and 50 points respectively. The 30-stock Dow ended 950 points lower on Monday, while the S&P 500 and Nasdaq fell 2.5% each, with all the indices having recovered marginally from the sessions’ lows. US President Donald Trump stepped up his attack on Federal Reserve Chair Jerome Powell, calling him a ‘loser’ and pressing for an out-of-turn rate cut. The FOMC is slated to meet on May 6 and May 7. Earnings are another major trigger with Tesla shares sinking ahead of their results announcement later tonight. Analysts continue to steeply cut profit forecasts for American companies amidst the tariff backdrop. The US Dollar recovered some ground, having slipped below 98 at one point, while Gold made a new high of $3,447 an ounce. Watch this space for all the live updates.