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
    ES00,
    -1.73%

    dropped 1.6%, to 3,707

  • Dow Jones Industrial Average futures
    YM00,
    -1.48%

    dropped 437 points, or 1.4%, to…

Read More