U.S. stock futures slip after 'crazy' rally as key bank reports, retail sales data loom

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U.S. stock futures slip after 'crazy' rally as key bank reports, retail sales data loom
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U.S. stock futures slipped Friday after what's been called one of the craziest market days in history, showing the difficulty stocks will face in sustaining...

U.S. stock futures slipped Friday after what’s been called one of the craziest market days in history, showing the difficulty stocks will face in sustaining an advance while the Federal Reserve continues to tighten interest rates.

The... U.S. stock futures slipped Friday after what’s been called one of the craziest market days in history, showing the difficulty stocks will face in sustaining an advance while the Federal Reserve continues to tighten interest rates. “This snapback seems like the product of protective hedges being unloaded in the options market, which generated enough upside momentum to trigger a broader wave of short-covering,” said Marios Hadjikriacos, senior investment analyst at XM.

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