Index futures trading started with sharp swings as Nasdaq futures slipped 0.5%, driven by profit-taking in mega-cap tech. Traders leveraged options volatility to hedge against possible earnings disappointments next week. In Chicago, a Soft Architecture Biennial for Hard Times The Labor Department's Office of Inspector General said Wednesday it is reviewing the "challenges" that the Bureau of Labor Statistics is facing in its data-collection efforts. Index futures trading patterns indicated sector rotation, with energy-heavy indexes outperforming due to crude prices breaching $85 per barrel. This fuelled short-term bullish positioning among commodity-linked equity traders.
