U.S. stock futures sank Monday morning, with equities poised for more turbulence at open as fears of excessive Fed tightening and a wild run in currency markets rattle investors.
Futures tied to the S&P 500 tumbled 0.6%, while Dow Jones Industrial futures shed 200 points, or 0.7%. Contracts on the tech-heavy Nasdaq were off by 0.4%. Meanwhile, the CBOE Volatility Index (^VIX), which measures Wall Street’s expectations for short-term market volatility, spiked above 32, its highest level…
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