Xinhua/Wang Ying via Getty Images US stock futures fell Wednesday, as markets stayed cautious after a choppy session the previous day. Investors may be concerned that post-pandemic recovery may be less exuberant than expected, an analyst said. Bitcoin continued Tuesday's sell-off after El Salvador became the first country to make it legal currency. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US stock futures fell sharply Wednesday as investors witnessed a sell-off across multiple asset classes, with markets taking a cautious tone as confidence in the prospects for a strong post-pandemic recovery appeared to falter.Futures linked to the Dow Jones were down 0.5%, while those on the S&P 500 dropped 0.4%, and the Nasdaq lost 0.3% as of 4:20 a.m.
Global Stocks Stumble On Fears Of Economic Recovery Losing Momentum, While Bitcoin Continues To Plummet
snagarajan@businessinsider.com (Shalini Nagarajan), Business Insider
Wed, 09/08/2021 - 2:35am
Topics: wolf of all streets xinhua/wang ying getty images investors bitcoin sign things before opening bell dow jones fang netflix tesla delta federal reserve jolts deutsche bank european central bank treasury gamestop factset coindesk uk london's ftse euro stoxx frankfurt's dax asia japan tokyo's nikkei shanghai composite hong kong's hang seng mexico brent crude west texas intermediate the wolf business insider el salvador dow s&p nasdaq halley oanda stocks fears economic recovery losing fell rose tuesday wednesday session sell-off markets level analysts high highest post-pandemic market choppy cautious analyst exuberant continued expected expect legal index futures concerned higher start report drop confidence prospects asset a.m due strong lost
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