Futures sink after biggest rally in weeks

Futures sink after biggest rally in weeks

Stocks were higher, but ultimately little changed, near midday on Wednesday, reversing losses seen shortly after the opening bell.

Near 12:00 pm. ET, the S&P 500 and Dow were up about 0.1%, while the Nasdaq was higher by about 0.2%. All three averages had fallen more than 1% at the opening bell.

On Tuesday, the first day of this holiday-shortened trading week, each of the three major indexes rose more than 2%, the S&P 500 logging its best day since early June with the Dow gaining the most…


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