Futures Movers: U.S. stock futures sink after worst week since October

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U.S. stock futures fell late Sunday, following Wall Street’s worst week since October.

After initially dropping more than 300 points, Dow Jones Industrial Average futures YM00, -0.36% were last down around 100 points, or 0.3%, while S&P 500 futures ES00, -0.52% and Nasdaq-100 futures NQ00, -0.69% both fell more than 0.5%.

Stocks tumbled Friday, with the three major indexes posting their worst week, and overall month, since October, as volatile trading in a number of heavily shorted companies such as GameStop GME, +67.87% and AMC Entertainment AMC, +53.65% sparked worries of a bubble.

Read: What January’s market decline means for stock returns in 2021

For the week, the Dow DJIA, -2.03% closed 3.2% lower, the S&P 500 SPX, -1.93% fell 3.3% and Nasdaq Composite COMP, -2.00% was off 3.5%. On a monthly basis, the Dow lost 2%, the S&P 500 shed 1.1% and the Nasdaq Composite gained 1.7%.

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