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U.S. stock futures extended losses early Thursday after a higher-for-longer stance from the Federal Reserve pushed bond yields to fresh 16-year peaks.
How are stock-index futures trading
On Wednesday, the Dow Jones Industrial Average DJIA fell 77 points, or 0.22%, to 34441, the S&P 500 SPX declined 42 points, or 0.94%, to 4402, and the Nasdaq Composite COMP dropped 209 points, or 1.53%, to 13469.
What’s driving markets
Stocks…