Stock futures sink as volatility grips markets

Stock futures sink as volatility grips markets

U.S. stock futures fell Monday morning to extend last week’s losses, as investors looked ahead to more data this week on inflation and earnings to gauge the strength of the economy and corporate profits as the Federal Reserve continues to tighten monetary policy.

Contracts on the S&P 500 dropped more than 2% before market open. This added to losses after the index posted a fifth straight weekly decline last week. Nasdaq futures sank by another 2.7% during pre-market trading, and Dow futures…


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