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Market Snapshot: Dow futures slide nearly 300 points as U.S. stocks poised to extend selloff

U.S. stocks faced renewed selling pressure Monday, after suffering their biggest single-session declines in more than a year on Friday.

A global stock selloff was under way Monday, as European stocks opened sharply lower. In Asia, selling was widespread, with Japanese stocks suffering their biggest decline since November 2016.

What are the main benchmarks doing?

Dow Jones Industrial Average futures YMH8, -0.59% fell 260 points, or 1%, to 25,167.

S&P 500 futures ESH8, -0.29% dropped 17.45 points, or 0.6%, to 2,739, while Nasdaq-100 futures NQH8, -0.31% tumbled 62.50 points, or 0.9%, to 6,692.

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