FGC BOLSA - FGC FINANCIAL MARKETS INFO | Premarket | Stock sell-off set to continue as investors brace for the Fed, Dow futures fall more than 100 by CNBC News by CNBC.
Source: cnbc.com Hannah Miao, Yun Li 4-5 minutes Stock futures fell Monday following the S&P 500's worst week since March 2020, as investors awaited more corporate earnings results and a key policy decision from the Federal Reserve. Futures on the Dow Jones Industrial Average lost about 140 points, or 0.4%. S&P 500 futures dipped 0.6% and Nasdaq 100 futures declined 0.9%. All three major indexes had been higher earlier in the session. The early Monday action followed a brutal week on Wall Street in the face of mixed company earnings and worries about rising interest rates. The S&P 500 lost 5.7% last week and closed below its 200-day moving average, a key technical level, for the first time since June 2020. The blue-chip Dow fell 4.6% for its worst week since October 2020. The sell-off in the tech-heavy Nasdaq Composite was even more severe with the benchmark dropping 7.6% last week, notchi