Stock futures opened lower Thursday evening after a dramatic swing into positive territory during the regular trading day.
Contracts on the S&P 500 declined. The index rose by 1.5% during Thursday’s session, shaking off losses of as much as 2.6% at session lows. The Dow eked out gains after shedding more than 800 points at its worst levels of the day. And the Nasdaq Composite rose 3.3% in its best session since Jan. 31.
Stocks clawed back losses to rise for the first time in five sessions even against the backdrop of Russia’s invasion of Ukraine. Though equities have been sliding and energy commodity prices soaring in recent sessions as investors considered the financial market impacts of the conflict, markets at least temporarily stabilized on Thursday ahead of further evidence of any fallout.
“The market is going to overreact to good news and bad. The news this morning was sell, sell,…