U.S. Stock Futures Point to Wall Street Extending Selloff
Written by Black Hot Fire Network on May 6, 2022
U.S. stock futures slipped, putting major indexes on track to extend losses after one of Wall Street’s worst selloffs since the pandemic began.
Futures tied to the Dow Jones Industrial Average shed 0.4%, a day after the blue-chip index slumped more than 1,000 points, its worst day since 2020. S&P 500 futures edged down 0.3% while technology-heavy Nasdaq-100 futures were down 0.3%.
Stocks have been whipsawed in recent days as investors have tried to gauge what impact the Federal Reserve’s plan to raise . . .
