US stock futures drop as Powell testimony looms, recession worries return to the spotlight
Recession worries were roaring back into the spotlight for Wall Street on Wednesday, with equity futures and oil prices dropping, as investors looked ahead to Congressional testimony from Federal Reserve Chairman Jerome Powell. How are stock-index futures trading? S&P 500 futures ES00, -1.67% dropped 1.6%, to 3,707 Dow Jones Industrial Average futures YM00, -1.44% dropped … Read more