{"id":440708,"date":"2021-10-07T08:47:49","date_gmt":"2021-10-07T03:17:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=440708"},"modified":"2021-10-07T09:54:29","modified_gmt":"2021-10-07T04:24:29","slug":"us-futures-tumble-as-soaring-energy-prices-fuel-inflation-worries","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/us-futures-tumble-as-soaring-energy-prices-fuel-inflation-worries\/","title":{"rendered":"US futures tumble as soaring energy prices fuel inflation worries"},"content":{"rendered":"<p>U.S. stock index futures fell more than 1% on Wednesday after soaring oil prices fed into fears of higher inflation and fueled concerns of sooner-than-expected easing of the Federal Reserve&#8217;s monetary stimulus.<\/p>\n<p>The benchmark U.S. 10-year yield touched their highest since June, slamming shares of mega-cap growth companies including Apple Inc, Facebook, Amazon.com Inc and Alphabet Inc, which fell about 1.5% each in premarket trading after staging a strong rebound on Tuesday.<\/p>\n<p>Economy-sensitive parts of the market also came under pressure, with lenders such as Bank of America Corp, JPMorgan Chase &amp; Co and Morgan Stanley shedding more than 1% each.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. stock index futures fell more than 1% on Wednesday after soaring oil prices fed into fears of higher inflation and fueled concerns of sooner-than-expected easing of the Federal Reserve&#8217;s monetary stimulus. The benchmark U.S. 10-year yield touched their highest since June, slamming shares of mega-cap growth companies including Apple Inc, Facebook, Amazon.com Inc and Alphabet Inc, which fell about 1.5% each in premarket trading after staging a strong rebound on Tuesday. Economy-sensitive parts of the market also came under pressure, with lenders such as Bank of America Corp, JPMorgan Chase &amp; Co and Morgan Stanley shedding more than 1% [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-440708","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/440708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=440708"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/440708\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=440708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=440708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=440708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}