Stocks Fall On Rate Hike Fears

Nasdaq 100 futures drop 0.5% on strong US employment data Stock futures declined on Monday due to a sharp selloff in technology shares and stronger-than-expected US employment data. The data fueled expectations that the Federal Reserve may raise interest rates later t

Nasdaq 100 futures drop 0.5% on strong US employment data

Stock futures declined on Monday due to a sharp selloff in technology shares and stronger-than-expected US employment data.

The data fueled expectations that the Federal Reserve may raise interest rates later this year.

Nasdaq 100 futures fell 0.5% after the index declined, indicating a potential downturn in the market.

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