Stocks Poised to Extend Decline, Led by Tech

U.S. stock futures and global indexes fell Tuesday after concerns aboutFutures tied to the S&P 500 dropped 0.9%, a day after thefrom its record closing level. Nasdaq-100 futures retreated 1.6%, suggesting that tech stocks were poised for further losses after dragging broader indexes lower at the start of the week. Dow Jones Industrial Average futures fell 0.5%.

Investors are betting that inflation is likely to climb steeply in coming months, driven by pent-up spending as well as supply bottlenecks and a. A sharp and sustained jump in inflation would erode returns on fixed-income assets and stocks whose valuations rely on future earnings. Some money managers are concerned that it may also prompt the Federal Reserve to pare back its easy money policies sooner than anticipated.

“Inflation is an issue that is on everyone’s minds right now, and it is injecting a lot of uncertainty,” said Peter Langas, chief portfolio strategist at Bessemer Trust. “The question is, how does the Fed react to that?”led the market’s steep rally since last spring. Investors are increasingly worried that their high valuations may not be justified if inflation crimps the value of future earnings. This week, those concerns have spilled over to other sectors as well, leading to a broader selloff.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

6 Agricultural Stocks Poised to Ride Food Prices HigherPrices of corn, wheat, and other agricultural commodities have been soaring. Yet some agricultural stocks have not been keeping pace. That’s created a buying... Boo
Source: MarketWatch - 🏆 3. / 97 Read more »

European stocks and U.S. equity futures mixed after records, with commodity stocks in the leadThe week was kicking off with gains for the Stoxx Europe 600, which was aiming at a fresh record, though slightly more cautious. U.S. futures were mixed,...
Source: MarketWatch - 🏆 3. / 97 Read more »

Cramer to Robinhood traders: These are the economic recovery stocks to knowNew for subscribers: Cramer to Robinhood traders: These are the economic recovery stocks to know. Check out CNBCPro today.
Source: CNBC - 🏆 12. / 72 Read more »

These cybersecurity stocks could benefit from the Colonial pipeline attack, says GoldmanThe news did not seem to boost cybersecurity as a whole on Monday, but Goldman said the event could help accelerate the long-term growth for the companies. Pro Nah SAFEMOON SAFEMOONARMY IS THE WAY Pro , this is why people no longer trust you:
Source: CNBC - 🏆 12. / 72 Read more »