US stock futures recovered slightly on Wednesday, following the sharpest market decline in several months. The rebound follows substantial losses across major US indices, which saw pronounced selling pressure on Tuesday.
Tuesday’s trading session closed with the Dow Jones Industrial Average ending down by 1.76%. The NASDAQ Composite registered a 2.4% decline, while the S&P 500 retreated 2.06%. The CBOE Volatility Index (VIX) increased 6.63% to finish at 20.09, indicating heightened market uncertainty.
By 16:31 in Bangkok (GMT+7), futures contracts on the Dow Jones Industrial Average climbed 0.17%. S&P 500 futures were up approximately 0.26%, and Nasdaq 100 futures also advanced by around 0.22%.
Investors continue to monitor geopolitical risks as President Donald Trump maintains pressure over his proposal to acquire Greenland and imposes additional tariffs on European nations opposing the plan. This has resulted in increased tariffs on French wine after France declined involvement in Trump’s suggested “Board of Peace” initiative for Gaza.
In a related move, Danish pension fund AkademikerPension announced its exit from US Treasury securities, citing concerns about US fiscal stability amidst ongoing debt challenges. The decision also follows intensified friction between the US and Denmark.
Market participants are also focusing on the World Economic Forum in Davos, where President Trump is scheduled to hold discussions with other world leaders about Greenland and deliver a keynote address.
Attention will also be on upcoming corporate earnings, with reports from Johnson & Johnson and Charles Schwab expected later on Wednesday.
