Dow Set To Fight For Direction, But Flirts With Biggest Two-week Drop In Nearly A Year
By Sara Sjolin, MarketWatch Investors absorb Trump issues, attacks in Spain U.S. stock futures struggled for direction Friday, with investors staying cautious after the prior day's selloff that was fueled in part by a terrorist attack in Barcelona and rumors that a economic adviser to President Donald Trump might resign. Futures for the Dow Jones Industrial Average lost 12 points , or 0.1%, to 21,721, while those for the S&P 500 index fell 1 point , or 0.04%, to 2,428.50. Futures for the Nasdaq-100 index was flat at 5,800.25. The subtle moves come after aggressive selling on Thursday, when the S&P 500 index slumped 1 .5% for its biggest one- day percentage drop in three months. The Dow average and Nasdaq Composite Index ended down 1.2% and 1.9%, respectively. As of Thursday's close, the benchmarks are now on track for weekly losses around 0.5%. The Dow is on track for its largest two- week percentage decline since mid-September last year, while the Nasdaq is...