S&P 500 Index Futures Sharply Lower

S&P 500 index futures are trading lower by 41 points at 1873.50 in Friday's session. The index caught a bounce off the lower open when it bottomed at 1860.25 and rallied to 1881.

All of the top 10 components of the index are in the red. Leading the way on the downside is Microsoft (NASDAQ: MSFT) shares which are trading lower by $1.65 at $51.46.

It is followed by Exxon Mobil (NYSE: XOM) shares which are trading lower by $2.30 at $76.82.