U.S. stock futures fell Monday

2022-08-22

U.S. stock futures fell Monday morning following a halt in the summer rally last week, as fears of aggressive interest rate hikes returned to Wall Street.

Dow Jones Industrial Average futures fell 321 points, or by 0.95%. S&P 500 and Nasdaq 100 futures dropped 1.22% and 1.57%, respectively.

On Friday, the S&P 500 closed down 1.29%. The Dow Jones Industrial Average dropped 292 points, or 0.86%, and the Nasdaq Composite dropped 2.01%.

Those moves come ahead of what could be a volatile week of trading on Wall Street.

Investors are anticipating Fed Chairman Jerome Powell’s latest comments on inflation at the central bank’s annual Jackson Hole economic symposium.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

andy_jap
2022-08-22
andy_jap
thanks for sharing
Dwayne Sheng
2022-08-22
Dwayne Sheng
Ok
OddEyeCircle
2022-08-22
OddEyeCircle
ok
Ayumi82
2022-08-22
Ayumi82
Hi
Gnay
2022-08-22
Gnay
K
nhwee
2022-08-22
nhwee
Like

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