Snapshot: Bull turns into bear on XPO Logistics – big downgrade comes
U.S. stock-index futures fell Sunday night, following a losing week on Wall Street amid worries about politics, Fed policy and the fast-spreading omicron variant of COVID-19.
Dow Jones Industrial Average futures YM00, -1.22% slid about 500 points, or 1.5%, as of 2 a.m. Eastern. S&P 500 futures ES00, -1.25% were down 1.5%, or 68 points, while Nasdaq-100 futures NQ00, -1.26% slid 1.5%, or more than 200 points. Oil prices also sank, with front-month West Texas intermediate crude CL.1, -3.37% falling $2.82 a barrel, and Brent crude BRN00, -2.90%, the global benchmark, similarly off.