US Stocks Set for More Losses as Rate Hopes Fade: Markets Wrap
(Bloomberg) -- Global stocks extended declines on Monday, hit by diminishing wagers on Federal Reserve interest-rate cuts and a further oil-price spike that poses a fresh threat to inflation. Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNew York, San Francisco Ranked Worst for US Traffic in City CentersWall Street was set to add to Friday’s losses, with futures on the S&P 500 down 0.7%, an