US stock futures in red amid volatility in China and oil's slump

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Source: Reuters
The US stock index futures dropped sharply, as oil prices extended losses and traders digested the Federal Reserve's dovish tone in Wednesday's minutes. The ongoing rout in Chinese equities was also among the factors which set the Wall Street to post a third straight day of losses. Futures for the DJIA dropped 0.8%, while those for the S&P 500 index fell 0.7% and futures for the Nasdaq 100 index lost 0.7%. 

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