Stock Futures, Oil Drop After Rally

Stock Futures, Oil Drop After Rally

US stock futures fell, oil prices fell and bond yields fell after major indices rallied at the start of the trading week, with recent volatility in the markets showing little sign of abating. .

S&P 500 futures fell 1.4% on Wednesday. Contracts on the tech-focused Nasdaq-100 fell 1.6% and futures on the Dow Jones Industrial Average fell 1.2%. U.S. stocks rallied on Tuesday after their worst week since March 2020, offering investors respite from a recent bout of irregular trading that had sent stocks and cryptocurrencies tumbling.

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