S&P 500 Futures Signal More Pain for U.S. Stocks on Trade Fears
- Contracts on the U.S. benchmark fell as much as 1.9 percent
- CME Group intermittently pauses trading due to volatility
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U.S. stock index futures lurched lower, signaling no respite to the rout that’s lopped more than $3 trillion from the market since late September.
S&P 500 Index contracts slumped as much as 1.9 percent from Tuesday’s close, before trading at 2,673, down 1.1 percent, as of 8:30 a.m. in London. Selling pressure early in the session was so intense that it forced CME Group to intermittently pause trading, according to a spokesperson for the exchange. European equities declined at the open, adding to the negative sentiment.