U.S. stock-index futures lower after ECB rolls out stimulus and Fed backstops money markets

U.S. stock-index futures traded lower Thursday in seesaw price action after the European Central Bank in a late-night move rolled out an expanded asset-purchase program and the Federal Reserve announced a facility to backstop money-market mutual funds.

What are major indexes doing?

Futures on the Dow Jones Industrial Average

YM00, -2.15%

 were 288 points lower, down 1.4%, at 19,565, while S&P 500 futures

ES00, -2.01%

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