Stock market volatility persists as losses deepen and bounce back amid economic concerns

1 min read
Source: CNBC
Stock market volatility persists as losses deepen and bounce back amid economic concerns
Photo: CNBC
TL;DR Summary

U.S. stock futures traded near the flatline after Tuesday's sharp losses, with Dow Jones Industrial Average futures rising by 0.1% and futures linked to the S&P 500 and Nasdaq 100 inching up 0.1%. Costco shares fell 2.5% in after-hours trading despite beating analysts' expectations on earnings and revenue. The market experienced losses due to disappointing new home sales and consumer confidence data. The S&P 500 is down 5.2% in September, while the Dow is down 3.2% and the Nasdaq is down nearly 7%. The market is expected to remain volatile until earnings season begins in mid-October.

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