Stocks Extend Slide, Fed in Focus, Take Two Leak, Porsche IPO, Queen’s Funeral – 5 Things to Know – TheStreet | Jewelry Dukan

Here are five things you need to know for Monday September 19:

1. – Stock futures collapse on rate hike, recession worries

US stock futures fell on Monday after their biggest weekly drop in three months as investors braced for a key Federal Reserve interest rate decision likely to be confirmed by major central banks in Europe and Asia.

While investors have long been expecting another jumbo rate hike from the Fed this week, and especially after a hotter-than-expected August inflation report, growing concerns about the impact of central bank tightening on the broader global economy have added a new dimension to the week’s pricing decisions .

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