U.S. stock futures dip, dollar rises as Italian election results add to uncertainty

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U.S. stock-index futures fell late Sunday, suggesting losses Monday, as the projected victory of a far-right party in Italy added to uncertainties about rising interest rates and recession fears.

After falling nearly 200 points earlier in the session, Dow Jones Industrial Average futures YM00, -0.49% were down about 150 points, or 0.5%, around midnight Eastern, while S&P 500 futures ES00, -0.55% and Nasdaq-100 futures NQ00, -0.51% were also about 0.5% lower in choppy trading.

Stock futures had been relatively flat before news broke that the Brothers of Italy, a far-right party with neo-fascist roots, was projected to win. That could have ripple effects on the euro, Italian banks and Italian government bonds, further roiling markets. For the week, the Dow dropped 4% while the S&P 500 slid 4.6% and the Nasdaq tumbled 5.1%, according to Dow Jones Market Data.

 

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Let see, this time we're going to blame .....Italian elections...😂

Our group will buy more TWTR, META and NVDA at the open today Monday. Hedfies are toast. My 401 employer kept adding fund every week into the unicorns. Twtr 50 breakout is coming this werk

The world can use more 'far right', Conservatives in power. The children, (leftwingers) have had play time, now we need adults in charge to fix their f*ckups.

Why is is always “far right” or “alt right” now It is just a right wing conservative government. The language is gettin’ really old

Nahhh we don’t care about any of that tbh. We’re just taking money

Wrong-O, Marylou. Italy is a side note. 🙄

Extremist far right

Dow Futures down 0.35%. Its SINKING brah

You've jumped the shark Fakenews

Our media is such a joke. US stock futures declining has absolutely nothing to do with the Italian election.

Lololololol. “Conservatives won an election so it’s the end of the world as we know it so sell all your stocks on Monday” 🤣🤣🤣

Marketwatch is State propaganda.

That election in Italy has nothing to do with the US stock market. Stop it.

It ain't the Italian election that's doing this.

Bullshit . She has nothing to do with what the Left has done

Lol. Article is worse than the headline. Cry more, Mike Murphy, and then admit you hate democracy.

So, if futures go green the Italian election added certainty?

Far right 😂

Left wing propaganda. Pure and simple.

Not even trying to hide it anymore

Doubt that’s it. In fact, that’s not remotely it.

You all ever get tired of being shills and not explaining what’s actually going on? Dollar strength is destroying everything

Lmfao JurnulliZumm

...... Are you sure it has nothing to do with the pound crashing ...

TheBabylonBee 😄

This isn’t why they sank. Again your credibility is on par with dog shit.

Sure, it’s the Italian election and not the Fed crashing the economy on purpose. Quite the spin on this.

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