Business

Stock futures slide ahead of Powell’s vulnerability speech


US futures inched lower as investors await comments from Federal Reserve Chairman Jerome Powell for clues about the outlook for interest rates and efforts to tame inflation.

Futures contract tied to S&P 500 down 0.3%, taking the benchmark to stop two consecutive days of gains. Tech-heavy Nasdaq-100 futures fell 0.5% while Dow Jones Industrial Average Futures weakened 0.2%.



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