U.S. inventory futures fell and Treasury yields jumped to start out the week, as traders remained rattled by the Federal Reserve’s resolve to keep fighting inflation even when it causes some financial ache.
Futures tied to the S&P 500 dropped 1%, placing the benchmark index on tempo to increase its 3.4% loss on Friday. Contracts for the Dow Jones Industrial Common misplaced 0.9%, whereas these tied to the tech-focused Nasdaq-100 sank 1.2%.
