(Bloomberg) -- U.S. stock-index futures fell before
productivity and labor-cost reports that may validate the
Federal Reserve's concern that inflation is accelerating.
Shares of Citigroup Inc., the biggest U.S. bank by market
value, dropped in Europe. Financial-services stocks are among
the most sensitive to higher interest rates. Utilities including
FPL Group fell in Europe as higher yields reduced the
attractiveness of their dividends.
Read more at Bloomberg Stocks News
productivity and labor-cost reports that may validate the
Federal Reserve's concern that inflation is accelerating.
Shares of Citigroup Inc., the biggest U.S. bank by market
value, dropped in Europe. Financial-services stocks are among
the most sensitive to higher interest rates. Utilities including
FPL Group fell in Europe as higher yields reduced the
attractiveness of their dividends.
Read more at Bloomberg Stocks News
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