(Reuters) – U.S. stock futures pointed to a reversal of some of this week’s gains for Wall Street on Friday as a delay in voting on a Republican tax overhaul kept investors on edge about its passage.
Dow 1YMc1, S&P 500 ESc1 and Nasdaq NQc1 futures pointed to falls of between a third and three-quarters of a percent.
The U.S. Senate debated the bill late into Thursday and adjourned as fiscal conservatives were unsettled about the effect on the deficit of the bill. It was unclear if a decisive vote on the bill would occur then. [nL1N1O00VD]
A surprise endorsement by Republican Senator John McCain had added momentum to the bill on Thursday, pushing the S&P 500 to close at a record high and the Dow Jones index to break above the 24,000 mark for the first time.
* Dow e-minis 1YMc1 were down 82 points, or 0.34 percent, with 43,981 contracts changing hands.
* S&P 500 e-minis ESc1 were down 12.5 points, or 0.47 percent, with 258,339 contracts traded.
* Nasdaq 100 e-minis NQc1 were down 48 points, or 0.75 percent, on volume of 49,408 contracts.
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