Futures extend selloff after rough week

Published by
Reuters

(Reuters) – U.S. stock index futures fell on Monday, signaling a fresh round of selloff on Wall Street as fears over China’s COVID-19 outbreaks spooked investors already concerned about aggressive U.S. interest rate hikes. Concerns around global growth reverberated across world markets, with Chinese shares marking their biggest slump since the pandemic-led selling in February 2020 and European stocks falling to their lowest in over a month on fears of strict restrictions in China.[MKTS/GLOB] U.S.-listed Chinese shares like JD.com Inc, Alibaba Group Holdings Ltd and Baidu Inc declined between 2…

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