S&P Futures Rise, Gold Selloff Continues

Stock futures were struggling for direction on Wednesday, hile gold prices were falling again after the previous session’s dramatic selloff.

Futures tracking the Dow Jones Industrial Average climbed 7 points, effectively trading flat. S&P 500 futures were up 0.1%, and contracts tied to the tech-heavy Nasdaq 100 slid 0.1%.

The most actively traded gold contract dropped 0.2% to $4,103 an ounce. The precious metal stole the spotlight from the three major indexes on Tuesday, plummeting as investors opted to take profit after a stellar recent run.