U.S. Index Futures Fall as Oil Prices Rise and Treasury Yields Pressure Markets
- 1U.S. index futures declined. Nasdaq 100 futures fell 180 points, and Dow Jones Industrial Average futures fell 266 points.
- 2Federal Reserve Governor Christopher Waller warned that additional interest rate hikes could occur. Oil prices remained above $90.
- 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 ↗
Nothing hidden: past picks and how they did against the S&P 500.