REUTERS: U.S. equity index futures dropped late Sunday as electronic trading resumed to kick off a holiday-shortened week following reports over the weekend that President Donald Trump has privately discussed firing the head of the U.S. Federal Reserve.
In early trading, the benchmark S&P 500’s emini futures contract was off by about a quarter of a percent. Futures tracking the Nasdaq Composite Index and Dow Jones Industrial Average were lower by similar amounts.
With investors worried over the U.S.-China trade dispute and interest rate hikes by the Fed, U.S. stocks have plunged in December, with the S&P 500 suffering its largest monthly loss so far since the financial crisis a decade ago. It is also on pace for the largest loss in any December since the Great Depression.
(Reporting by Dan Burns)