U.S. stock index futures experienced a sharp decline during pre-market trading on Monday, as investor sentiment was significantly impacted by extremely strong U.S. job data released last Friday for December, which came in much higher than market expectations.
The U.S. labor market data fueled speculation that the U.S. Federal Reserve may only cut interest rates once throughout the entirety of 2025, keeping borrowing costs at their current high levels, leading to substantial losses in the U.S. stock market.
In terms of trading, the performance of U.S. stock index futures during pre-market trading was as follows:
The futures for the Dow Jones Industrial Average fell by about 0.35% or 145 points, to record 42,014 points. The futures for the S&P 500 dropped by 0.94% or 55.00 points, making it 5,810.75 points. The futures for the Nasdaq 100 declined by 1.47% or 306.75 points, reaching 20,709.25 points.
