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futures tradingtorontosun
•Business
Business & Economics
83% Informative
S&P 500 futures tumbled 2.7% in premarket trading Monday , while Dow Jones Industrial Average slipped 2.4% .
Tokyo 's Nikkei 225 index lost nearly 8% shortly after the market opened and futures trading was briefly suspended.
European and Asian markets are tumbling sharply, while the leading U.S. index briefly flirted with bear market territory.
Oil prices sink again, briefly dipping below $ 60 a barrel for the first time since 2021 .
Brent crude, the international standard, gave up $1.53 to $64.05 a barrel.
The drop comes after moves to increase production by the OPEC+ producers’ alliance.
Exchange rates also gyrated; the U.S. dollar fell to 146.50 Japanese yen from 146.94 yen .
VR Score
87
Informative language
86
Neutral language
57
Article tone
formal
Language
English
Language complexity
42
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
8
Source diversity
5
Affiliate links
no affiliate links
