Nasdaq 100 futures drop 0.4% as Fed’s Waller backs December hike

Cointime reports: Nasdaq 100 futures fell sharply on November 10, with losses widening to 0.4%. The move followed comments from Federal Reserve Governor Christopher Waller, who backed a December rate increase and said he is open to considering a 50-basis-point move. The futures slide reflects investor reaction to the prospect of tighter monetary policy.