Nasdaq, S&P Futures Plunge As Fed's Hawkish Tone Deflates Risk Appetite: Retail Sales, Manufacturing Data, Tesla, Novavax In Focus

Nasdaq, S&P Futures Plunge As Fed's Hawkish Tone Deflates Risk Appetite: Retail Sales, Manufacturing Data, Tesla, Novavax In Focus

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Stocks look set to start Thursday’s session notably lower as traders are left to ponder the hawkish tone orchestrated by the Federal Reserve. On Wednesday, the Fed announced a 50-basis-point hike in the fed funds rate, playing in line with expectations. The dot plot released by the central bank,…

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