Nasdaq futures extend early losses to 1.1%, S&P 500 falls 0.75%
ChainCatcher news, according to Golden Ten Data, Nasdaq futures fell further by 1.1% in early trading on Monday, while S&P 500 index futures dropped by 0.75%.
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The U.S. fiscal deficit in October expanded by 42% year-on-year to $404 billion, with the current fiscal year gap expected to reach $2.2 trillion.
Data released by the U.S. Treasury Department on Thursday showed that, due to increased government spending and decreased tax revenue, the U.S. fiscal deficit reached $404 billions in October, expanding by 42% compared to the same period last year.
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