U.S. Futures Pare Losses After Selloff Spreads World-Wide

A sharp selloff in U.S. stocks spilled over into global markets, with technology among the hardest hit again, as investors refocused on slowing global growth, rising bond yields and increasing trade tensions.

Investors have been wondering how in the face of tighter monetary policy, a contracting labor market and rising oil prices, the U.S. has continued to be so resilient, he said.

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