Stock futures fall on growing recession fears

U.S. stock index futures fell on Wednesday after warnings of a looming recession from major Wall Street bankers offset any optimism over the CCP’s easing of strict zero-COVID restrictions in China that hampered the global supply chain.Reuters:Top executives at Goldman Sachs Group Inc., JPMorgan Chase & Co., and Bank of America Corp. said on Tuesday that inflation would erode consumer spending power and a mild to more pronounced recession was likely ahead.
Mega-cap technology and other