© Pavlo Gonchar / SOPA Images/Sipa via Archyde.com Connect Inflation crushes US stock index futures today
Arabictrader.com – Rising inflation puts investors in the US stock market on edge, as US stock futures contracts, except for the Dow Jones, deepen their losses at exactly 08:10 am GMT ahead of the opening of the US stock market session today, Tuesday.
The futures contracts for the DOW JONES index recovered at the level of 32,291.00 points, a noticeable rate of 0.67%, while the futures contracts for the broader 500 index collapsed at a strong rate of 4.23%, the S&P 500 before the opening of the US stock trading, and recorded 4,059.75 points.
Finally, the futures contracts for the Nasdaq Technology Composite Index (NASDAQ) fell strongly by regarding 664 points, or by regarding 5.27%, before the US stock trading session, and recorded regarding 12,604.50 points.
The volatility of the futures contracts for US stock indices coincides with the same time that the American DXY, which measures its performance once morest a basket of other major currencies, is trading around the level of 108,479 points, a decrease of 0.24%.