Futures Slide as Ukraine Tensions Weigh at Start of Crucial Week

Futures Slide as Ukraine Tensions Weigh at Start of Crucial Week
A trader works on the floor of the New York Stock Exchange (NYSE) in New York on Jan. 21, 2022. Brendan McDermid/Reuters
Reuters
Updated:

Wall Street’s main indexes were set to fall on Monday after a bruising selloff last week, as the prospect of a Russian attack on Ukraine roiled global markets ahead of a Federal Reserve policy meeting later this week.

The highly anticipated meeting concludes on Wednesday and the market will pay close attention to how worried the Fed is over surging inflation and how aggressive the U.S. central bank will be in trying to contain it.