Nasdaq-100 futures fall as Jackson Hole keeps Fed tone hawkish
Nasdaq-100 futures retreated from recent highs Friday as markets digested a hawkish tone from Jackson Hole and mixed earnings reactions. Yield-sensitive parts of the complex lagged, with Russell 2000 futures down 1.5% on the session.
Dan Deming recaps a week of shifting momentum across equity index futures.
Nasdaq-100 futures pulled back from recent highs on Friday as markets digested mixed earnings reactions and a hawkish tone from Jackson Hole.
Yield-sensitive sectors bore the brunt of the pressure, with Russell 2000 futures dropping 1.5% on the session.