Stock futures fall as indexes head for weekly losses

U.S. stock futures opened lower Thursday evening, with the major indexes heading for weekly losses as concerns over persistent inflation and the resilience of the U.S. economy stirred up further volatility.

Contracts on the S&P 500 dropped in late trading. Earlier, the index closed within striking distance of a bear market, typically defined as a close of at least 20% from a recent record high. The index has declined by just over 18% from its Jan. 3 record close, and paced toward a weekly…

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