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U.S. stock futures in holding pattern as attention turns to possible policy shift at ECB

June 14, 2018

U.S. stock futures swung between small gains and losses on Thursday, with traders erring on the side of caution ahead of what could be a major announcement from the European Central Bank on its bond-buying program.

Investors were also digesting Wednesday’s rate rise from the Federal Reserve, while monitoring trade tensions between the U.S. and China.

What are markets doing?

Futures for the Dow Jones Industrial Average YMU8, -0.01% dropped 4 points to 25,204, while those for the S&P 500 index ESU8, -0.02% rose 0.25 point to 2,779.25. Futures for the Nasdaq-100 index NQU8, -0.10% fell 10.75 points, or 0.2%, to 7,220.25.

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