Stock Futures Fall With Focus on the Fed

U.S. stock futures fell and government bond yields climbed as investors sought to assess how aggressively the Federal Reserve will need to move to tame inflation. 

Futures tied to the S&P 500 declined 0.9% Friday, a day after the benchmark index ticked up slightly. Contracts tied to the Dow Jones Industrial Average lost 0.7% and those tied to the technology-focused Nasdaq-100 dropped 1%.