U.S. stock index futures pointed to a lower open Thursday, as investors braced for a pullback from record levels. Wall Street also tried to shake off negative sentiment coming from the European political space.
Dow Jones industrial average futures fell 97 points. Shares of Dow-component Nike fell 1.9 percent in the premarket after analysts at Goldman Sachs downgraded the stock to neutral from buy.
S&P 500 and Nasdaq 100 futures declined 11.75 points and 39.50 points, respectively.
The pullback in the futures market took place exactly 30 years after "Black Monday," the worst day in the history of the U.S. stock market. On that day, the S&P 500 plunged 20.5 percent and the Dow dropped 22.6 percent.
CFRA strategist Sam Stovall said in a note this week the S&P's daily price chart this year looks "eerily" like that of 1987, but that's about the only similarity between the market then and now.
The Dow rose sharply on Wednesday to close above 23,000 for the first time.