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Futures Recover from Roughest Day in 11 Months

U.S. stock futures nudged higher Wednesday after the Dow Jones Industrial Average posted its biggest decline since March 2023.

Futures for the 30-stock index recovered 184 points, or 0.4%, to 38,482.

Futures for the S&P 500 climbed 29 points, or 0.6%, at 5,000.25.

Futures for the NASDAQ jumped 132.75 points, or 0.8%, to 17,809.50.

Lyft shares jumped more than 19% in the pre-market after the ride-hailing company posted better-than-expected earnings in the fourth quarter. Airbnb slipped more than 5% even as the company beat on revenue expectations in its latest quarter.

In Japan, the Nikkei 225 demurred 0.7%, while Hong Kong, the Hang Seng index returned to trading with a gain of 0.8%.

Oil prices eked ahead eight cents to $77.95 U.S. a barrel.

Gold prices docked $2.10 to $2,005.10 U.S. an ounce.

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