Dow futures drop over 300 points on investor angst over expected aggressive central bank action into 2023

U.S. stock futures pointed to sharp losses at the start of trading for Wall Street on Friday, amid investor expectations that central banks will continue to raise interest rates aggressively despite stiff economic headwinds.

How are stock-index futures trading?

On Thursday, the Dow industrials DJIA tumbled 764.13 points, or 2.3%, to finish at 33,202.22, marking its biggest daily drop since a 1,200-plus plunge on Sept. 13. The S&P 500 SPX fell 99.57 points, or 2.5%, to end at 3,895.75, its worst day since early October,…

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