Before the Bell | Fed's Powell says Ukraine war creates risks of higher inflation

Moomoo Breakfast US wrote a column · Mar 4, 2022 05:00

By Ander

Hey, mooers! Here are things you need to know before the opening bell:

- Stock futures fell early Friday ahead of a key jobs report as investors kept an eye on developments in the war in Ukraine.

- The central bank wants to avoid adding to uncertainty after the Ukraine invasion, Fed Chairman Jerome Powell said.

Market Snapshot

Stock futures fell early Friday ahead of a key jobs report as investors kept an eye on developments in the war in Ukraine.

Futures tied to the $Dow Jones Industrial Average(.DJI.US)$ dropped 240 points, or 0.7%. Those for the $S&P 500 Index(.SPX.US)$ declined 0.69%, while $NASDAQ 100 Index(.NDX.US)$ futures also moved down 0.66%.

Source: Bloomberg

Market Temperature

Before the Bell | Fed's Powell says Ukraine war creates risks of higher inflation

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