Stock futures slide as growth worries persist; British Pound Drops

U.S. stock futures fell as investors worried about the world economy, while the U.K. government’s tax cuts sent Britain’s currency and bond markets into turmoil. chaos.

Futures for S&P 500, Dow Jones Industrial Average and Nasdaq-100 decrease from 0.4% to 0.7% Monday, shows that investors are continuing to turn away from a market decline last week. On Friday, the S&P 500 lost 1.7 percent on concerns that rising interest rates would push the global economy into a recession.

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