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Dow Futures Slide, Tech Sells Off, Bond Yields Surge—and What Else Is Happening in the Stock Market Today

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Stocks slipped on Monday with last week’s selloff resuming, as investors fretted about the economic impact of Federal Reserve policy and the ramifications of continued Covid-19 lockdowns in China.

Futures for the Dow Jones Industrial Average retreated 400 points, or 1.2%, after the index dropped 98 points on Friday to finish at 32,899. S&P 500 futures signaled a start 1.4% into the red with the Nasdaq poised to slide 1.6%.