Futures extend losses after strong inflation data

Written by on November 10, 2021

November 10, 2021

(Reuters) – U.S. stock index futures extended losses on Wednesday after data showed U.S. consumer prices rose more than expected in October, fueling concerns that inflation could remain uncomfortably high for a while amid global supply chains disruptions.

At 08:33 a.m. ET, Dow e-minis were down 68 points, or 0.19%, S&P 500 e-minis were down 15.75 points, or 0.34%, and Nasdaq 100 e-minis were down 103.75 points, or 0.64%.

(Reporting by Devik Jain in Bengaluru; Editing by Aditya Soni)

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