S&P 500 futures are now down 0.7% with Nasdaq futures down 1.0% on the day. It's not looking good for risk sentiment as any hope for relief from the US CPI report yesterday is starting to unravel. There were already signs in US trading yesterday of that with Wall Street briefly paring gains after the inflation numbers but still managed to salvage a close higher, at least for tech shares.
Now, we're seeing tech lead the downside momentum ahead of European trading. But Dow futures are also still lower, down 0.4%.
That's setting up for a more defensive risk mood going into the session ahead as the risk selloff threatens to run deeper on the week.
This article was written by Justin Low at www.forexlive.com.Hence then, the article about us futures extend losses as tech shares lag was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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