U.S. stock index futures declined as growth stocks took a hit from a jump in Treasury yields after the Federal Reserve held interest rates steady while hinting at another hike this year.
The Nasdaq Composite index slumped 1.5 percent, the S&P 500 slipped 0.9 percent and the Dow Jones Industrial index fell 0.2 percent.
News On AIR | September 21, 2023 5:18 PM | U.S. stock index futures decline as Treasury yields jump after Fed hints hike
U.S. stock index futures decline as Treasury yields jump after Fed hints hike
