America Breaking News: Futures Slammed by Bond Spikes, Doubts About China

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America Breaking News: Futures Slammed by Bond Spikes, Doubts About China

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America Breaking News: Futures Slammed by Bond Spikes, Doubts About China

by Wochit 0:56 mins

America Breaking News: Futures Slammed by Bond Spikes, Doubts About China

by Wochit 0:56 mins

Global markets are reacting to uncertainty stoked by recent announcements by the Federal Reserve. The Fed's hazy timetable for winding down its stimulus programs and new signs of a cash strain in China are hammering global markets and U.S. stock futures. The dollar rose on Monday as the prospect of an improving U.S. economy that has prompted the Federal Reserve to consider toning down its stimulus drive in coming months, but Asian shares were capped as investors adapted to the Fed's evolving plan. A key Democrat said Washington may again be the site of massive civil-rights rallies, this time pressuring the Republican-led U.S. House of Representatives to approve a pathway to U.S. citizenship for millions of undocumented immigrants

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