U.S. stock futures drop as Powell testimony looms, recession worries return to the spotlight

Recession worries were roaring back into the spotlight for Wall Street on Wednesday, with equity futures and oil prices dropping, as investors looked ahead to Congressional testimony from Federal Reserve Chairman Jerome Powell.

How are stock-index futures trading?
  • S&P 500 futures

    dropped 1.6%, to 3,707

  • Dow Jones Industrial Average futures

    dropped 437 points, or 1.4%, to…

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