TL;DR news on Dow futures at June 14, 2023
The Dow fell as much as 1,000 points at one point, but finished the day down some 905 points, or 2.5 percent, for its worst day of the year. Oil prices tumbled, too, with US crude futures almost 12 percent to $69.00 per barrel, while Brent crude futures dropped by more than $8.50, or 10.5 percent, to $73.50 a barrel. That could be exacerbating moves in Dow Jones futures. Meanwhile, the S&P 500 and Dow Jones are up slightly. The plunge in Dow Jones futures overnight on the latest Covid variant suggests investors should be thinking more about paring exposure rather than adding. Dow futures tumble 750 points, oil plunges on fears of new COVID variant.