U.S. stock index futures fell on Monday, signaling Wall Street's main index...
- U.S. stock index futures fell on Monday, signaling Wall Street’s main indexes would extend last month’s losses at the open, as the multi-front trade war made investors increasingly risk averse and fueled worries of a recession.
Wall Street’s three main indexes lost at least 6% last month, their first negative monthly performance this year. The S&P 500 is now 7.3% off its record high hit on May 1. Yields on 10-year notes have been firmly below those on three-month notes, an inversion that is now at its deepest since 2007. The inversion of the yield curve is seen as a warning of recession.
At 7:17 a.m. ET, Dow e-minis were down 78 points, or 0.31%. S&P 500 e-minis were down 9 points, or 0.33% and Nasdaq 100 e-minis were down 39.5 points, or 0.55%.
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