Stock Futures Slip, Signaling More Market Volatility
Tesla, Moderna, Nvidia shares fall premarket; Russia’s ruble declines as tensions rise over Ukraine U.S. stock futures edged lower, signaling that the market’s bruising start to the year is set to continue, as investors prepared for a Federal Reserve meeting and tracked tensions between the West and Russia over the military buildup on the border with Ukraine. Futures for the S&P 500 fell 0.3% Monday, after the benchmark index endured its third consecutive and biggest weekly drop since March 2020 . Contracts for the technology-focused Nasdaq-100 lost 0.6% and Dow Jones Industrial Average futures edged down 0.2%. Stock futures can be volatile and don’t always indicate where indexes will land at the opening bell. Ahead of the bell in New York, Tesla, due to file earnings Wednesday, lost 3%. Shares of Moderna and Pfizer each lost 3.5% premarket, while chip company Nvidia fell 2%. Kohl’s jumped 26% after a group backed by activist hedge fund Starboard Val...