US Stock Futures Slide Amid Concerns over Interest Rates and China's Economy. Should Investors Be Worried?

Benzinga 2024-02-20

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US stock futures are declining as the latest earnings reports and corporate news have failed to dispel worries about higher interest rates and China's slowing economy. Futures on the S&P 500 and Nasdaq 100 are pointing to losses when Wall Street reopens after a public holiday. In Asia, stocks are mixed after a rate cut by China failed to ease concerns about the economy. Benchmarks in Japan, Australia, and South Korea declined while Chinese stocks fluctuated. European stocks are little changed after a four-day rally as bond yields in Germany fell.

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