Dow Futures Drop, Bond Yields Surge, Bitcoin Tumbles—and What Else Is Happening in the Stock Market Today

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Updated June 13, 2022 6:14 am ET / Original June 13, 2022 5:15 am ET

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Stocks dropped on Monday, continuing declines from last week as fears loomed large over inflation and whether Federal Reserve policy to tame it will cause a recession.

Futures for the Dow Jones Industrial Average retreated 600 points, or 1.9%, after the index lost 880 points on Friday to close at 31,392. S&P 500 futures signaled a start 2.4% into the red with the tech-stock heavy Nasdaq poised to fall 3%; the S&P 500 and Nasdaq declined 2.9% and 3.5% on Friday, respectively.


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