BY THE NUMBERS

Dow futures turned positive Thursday after falling more than 500 points overnight as the market's recent volatility persisted. Nasdaq futures also ticked higher after rebounding from steep overnight declines. (CNBC)

The Dow on Wednesday closed down nearly 130 points, or 0.4%, after Federal Reserve Chairman Jerome Powell left plenty of room to raise interest rates to combat rising inflation. The market expects four rate hikes this year, starting as soon as March when bond-purchase tapering is projected to end. (CNBC)

The Dow had been up more than 500 points at Wednesday's highs but rolled over after the Fed's post-January meeting update. The S&P 500 dipped. The Nasdaq edged slightly higher but remained in a deep correction. (CNBC)

* Cramer says these hard-hit stocks are profitable and now look cheap enough to buy (CNBC)

The government on Thursday morning reported its first look at fourth-quarter economic growth, saying GDP rose at an annual rate of 6.9% compared to estimates of 5.5% despite Covid omicron spread. Bond yields ticked lower early Thursday. The benchmark 10-year Treasury yield remained above 1.8% after climbing Wednesday. (CNBC)