S&P 500 Index Futures Sharply Lower

S&P 500 index futures are trading lower 41 points at 1873.50 in Friday's session. The index caught a bounce of the lower open when to bottomed at 1860.25 and rallied to 1881. All of the top ten components of the index are in the red. Leading the way on the downside is Microsoft MSFT shares which are trading lower by $1.65 at $51.46. It is followed by Exxon Mobil XOM shares which are trading lower by $2.30 at $76.82.