Futures extend losses after strong inflation data

FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 20, 2021. REUTERS/Brendan McDermid

(Reuters) – U.S. stock index futures extended losses on Wednesday after data showed U.S. consumer prices rose more than expected in October, fueling concerns that inflation could remain uncomfortably high for a while amid global supply chains disruptions.

At 08:33 a.m. ET, Dow e-minis were down 68 points, or 0.19%, S&P 500 e-minis were down 15.75 points, or 0.34%, and Nasdaq 100 e-minis were down 103.75 points, or 0.64%.

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