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U.S. Index Futures Fall as Oil Prices Rise and Treasury Yields Pressure Markets

Schaeffer's Research ·

  1. 1U.S. index futures declined. Nasdaq 100 futures fell 180 points, and Dow Jones Industrial Average futures fell 266 points.
  2. 2Federal Reserve Governor Christopher Waller warned that additional interest rate hikes could occur. Oil prices remained above $90.
  3. 3The Hang Seng Index fell 1.4% on Thursday, and the Nikkei Index fell 1.4% on Thursday. HSBC Hong Kong shares plummeted nearly 4% on Thursday.

So what's the key point?

Indicators for the future of the U.S. stock market have dropped. Warnings that interest rates could rise further and oil prices staying above $90 are putting pressure on the market.

Source Schaeffer's Research · View original ↗

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