US stock futures rose after another brutal day of trading on Wall Street ended with the S&P 500 closing in correction territory.

The S&P 500 fell 1.4% on Thursday, marking its lowest point of the year and sliding into a market correction, as it is now down 10.1% from the all-time high it reached less than a month ago. The Dow Jones Industrial Average also hit a year-to-date low, closing down 537 points.

US stocks open lower after Trump threatened a 200% tax on European liquor if the EU tax on US whiskey isn't removed.