NEW YORK (CNNMoney.com) -- U.S. stocks are likely to take another pounding Thursday, as overseas markets plunged on continued credit worries and Treasury Secretary Henry Paulson attempted to alleviate fears about the economic fallout from the turmoil.
At 7:37 a.m. ET, Nasdaq and S&P futures were plunging, with a comparison to fair value pointing to a sharply lower start for Wall Street.
US Futures & Markets Indicators
Sep 2007 Change Level Last Update†
S&P 500 -18.90 1395.50 8/16 8:02am
Fair Value 1409.82 8/15 7:06pm
Difference* -14.32
NASDAQ -19.50 1859.00 8/16 7:59am
Fair Value 1872.26 8/15 7:06pm
Difference* -13.26
Dow Jones -160.00 12761.00 8/16 7:58am
DJIA Contracts
more pain on the way.
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Last
26,683 |
Change
82.730(0.31%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 26,683 | 0.00 | 0.00 |