U.S. stock futures fell late Sunday, following Wall Street’s worst week since October.
After initially dropping more than 300 points, Dow Jones Industrial Average futures
were last down around 100 points, or 0.3%, while S&P 500 futures
and Nasdaq-100 futures
both fell more than 0.5%.
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.
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%.