Stock market news live updates: September 23, 2022
U.S. stock futures slid Friday morning as fears of aggressive Federal Reserve policy saw equity markets pace towards a big weekly loss and Treasury yields continue a perilous climb to fresh highs.
Futures tied to the benchmark S&P 500 tumbled 1.2% in the early trade, while those on the Dow Jones Industrial Average plunged more than 300 points, or 1.1%, touching the lowest level since March 2021. Technology stocks led the way down, with Nasdaq futures off by a hefty 1.3%.
Meanwhile, the 10-year…