U.S. stock index futures for March delivery fell sharply and recorded declines ahead of Thursday's U.S. session opening, after temporary gains were achieved in U.S. stocks during yesterday's trading, before giving them up and recording daily losses for the third consecutive session.
The losses in U.S. stock futures came ahead of the opening, as market participants awaited the release of the Producer Price Index (PPI) data for the United States during February, which may provide clues about price movements in the country and, consequently, its impact on monetary policy expectations. This could affect subsequent trading in the stock market.
The performance of U.S. stock index futures ahead of the opening was as follows:
The Dow Jones Industrial Average futures recorded around 41,261.00 points, losing about 0.32%. Nasdaq 100 futures traded near the 19,473.50 point level, registering a decline of approximately 164.25 points. S&P 500 futures fell by about 0.52% to 5,575.50 points.
