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Following a sharp decline in the US stock market overnight, US stock index futures continued to fall in early Asian trading on Thursday. The previously released CPI data for September was higher than expected, heightening market concerns about further interest rate hikes by the Federal Reserve. S&P 500 futures once fell 0.3%; Nasdaq 100 futures fell 0.7% at one point. The S&P 500 closed down 1.1% on Wednesday, the biggest one-day decline since July 29.
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Following a sharp decline in the US stock market overnight, US stock index futures continued to fall in early Asian trading on Thursday. The previously released CPI data for September was higher than expected, heightening market concerns about further interest rate hikes by the Federal Reserve. S&P 500 futures once fell 0.3%; Nasdaq 100 futures fell 0.7% at one point. The S&P 500 closed down 1.1% on Wednesday, the biggest one-day decline since July 29.
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