February 6, 2018 / 4:42 AM / 4 months ago

U.S stock futures fall 3 pct as inflation fright grips markets

TOKYO, Feb 6 (Reuters) - U.S. stock futures extended Wall Street’s overnight misery, tumbling 3.0 percent in Asia on Tuesday as investors feared rising U.S. inflation could lift interest rates at a faster pace and spoil the rosy earnings growth outlook.

S&P500 mini futures dropped as much as 3 percent to 2,529, their lowest level since early October.

Reporting by Hideyuki Sano Editing by Shri Navaratnam

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