U.S. stock futures declined on Thursday, even as the market had the best intra-day rally on Wednesday since 2009. S&P 500 Index futures contracts expiring in March fell -1.9%. The underlying S&P 500 index had gained +5% Wednesday.
Dow Jones Industrial Average contracts were also down -1.5% while those on the Nasdaq 100 were down -1.8% on Thursday, even as their respective benchmarks moved up the day before.