U.S. stock futures and Treasurys fell to start the week, as investors remained unsettled by the Federal Reserve’s resolve to keep fighting inflation even if it causes some economic pain.
Futures tied to the S&P 500 and the Dow Jones Industrial Average fell 0.9% and 0.7%, respectively, in Monday afternoon trading in Hong Kong, indicating that U.S. stocks were likely to decline when markets open. Contracts tied to the Nasdaq 100 were 1.2% lower.
