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)