Dow futures tank 900 points as Wall Street reacts to oil prices topping $100 a barrel
The Dow futures fell as much as 1,100 points, the S&P 500 futures are down over 150,
The Dow futures fell as much as 1,100 points, the S&P 500 futures are down over 150,
US stock futures tumbled at the start of the week as oil prices surged past the $100-a-barrel mark. The sell-off followed a bruising stretch for equities, with the Dow closing out its worst weekly decline in nearly a year.
Futures tied to the Dow (YM=F) dropped around 1.9%,
Market on Friday | Bears back in action; Sensex tumbles 1,097 pts, Nifty slips to 24,450
Indian benchmark indices failed to sustain the previous session’s momentum and slipped more than 1 percent on March 6, with the Nifty settling at 24,450 amid selling pressure across the sectors,
The S&P 500 (SPY) fell nearly 2% on the week, while the Nasdaq 100 dropped about 1.2% and the Russell 2000 small-cap index tumbled over 4%.
The VIX fear gauge climbed to 29.49, and is now up 70% in the past month, reflecting genuine investor unease.
Geopolitical tension in the Middle East,
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