February 26, 2024

US index futures continue to plummet after a volatile week, according to Investing.com

© Reuters.

By Oliver Gray

Investing.com – Wall Street key index futures fell on Sunday evening after a volatile weekend trade, with Federal Reserve policymakers raising prices by half a percentage point and signaling higher than the same level.

At 10:19 pm, and traded down 1.2%.

With such companies, first quarter earnings are expected to continue this week Palandir Technologies Inc. (NYSE :), BioNTech SE (NASDAQ 🙂 and Novavox Inc (NASDAQ 🙂 is scheduled to release the results before opening on Monday.

Investors will see prices on Wednesday amid expectations of an annual increase of 8.1%, up from 8.5% in March. The, which measures wholesale prices, will be released this Thursday.

In another news, US First Lady Jill Biden paid a surprise visit to Ukraine on Sunday, a move to show US support for the Russian-occupied nation as the three months of conflict approach. The United States and the G-7 countries have announced an increase in short-term financial aid to Ukraine.

During the last week of trading, Composite lost 1.54%, the S&P 500 fell 0.21% and the S&P 500 fell 0.24%, respectively. For the Dow it was the sixth weekly decline and the fifth straight fall for the other two major indices.

Check out: Real-time US stock quote on pre-market

In the bond markets, bonds traded at 3.128%, up 3.158%, the highest level since November 2018.