Stock Futures Fall as Nasdaq Enters Correction; Traders Await Payrolls Report

According to CNBC, U.S. stock futures fell Thursday evening after the Nasdaq Composite dropped 5.5% and closed more than 10% below its recent high, putting it in correction territory. S&P 500 and Nasdaq-100 futures each declined 0.4%, while Dow futures lost 201 points, or 0.4%. In Thursday’s regular session, the S&P 500 fell 4.4% and the Dow dropped more than 1,800 points, or 3.4%. Investors awaited Friday’s October payrolls report; the Dow Jones consensus estimate called for 59,000 jobs added last month and an unemployment rate of 4.2%.