U.S. stock futures fell, pointing to an extension of recent losses on Wall Street as jitters in China’s indebted property sector rippled into global markets.
Futures for the S&P 500 dropped 1%, after the broad stocks gauge posted its biggest two-week decline since February. Futures on the Dow Jones Industrial Average lost 1.3% and contracts for the technology-focused Nasdaq-100 fell 0.9%.
