Stock futures recover some losses after S&P 500 tumbles into correction

Stock futures opened higher Tuesday evening after a steep sell-off during the regular trading day, which pushed the S&P 500 and Dow to their lowest settlements so far of 2022.

Contracts on the S&P 500 rose. The blue-chip index had closed lower by just over 1% on Tuesday, bringing it more than 10% from its record closing high from Jan. 3 — or below the threshold to have entered a correction. The Nasdaq and Dow each also ended in sharply in the red.

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