China jitters dispersed globally with futures for the S&P 500 sinking much than 1%

The New York Stock Exchange Friday, September 17, 2021.

Photo: Richard B. Levine/Zuma Press

Updated Sept. 20, 2021 7:54 americium ET

U.S. banal futures fell arsenic jitters successful China’s indebted spot assemblage rippled into planetary markets. Here’s what we’re watching up of Monday’s trading session.

  • The Cboe Volatility Index—Wall Street’s alleged fearfulness gauge, besides known arsenic the VIX—ticked up to 25.46, its highest level since mid-May.
  • Shares of banks and fiscal services companies, which thin to beryllium among the astir economically delicate stocks, declined premarket. Bank of America and Goldman Sachs Group shares each fell 2.8%.
  • Energy stocks fell premarket arsenic futures for Brent crude, the benchmark successful planetary vigor markets, fell 1.7% to $74.04 a barrel. Shares of Occidental Petroleum fell 5.1%, Devon Energy declined 3.4% and Marathon Oil shed 3.7%.
  • Shares of bitcoin mining stocks fell alongside the terms of the world’s largest cryptocurrency by marketplace value. Hut 8 Mining shares contracted 9.3% and Marathon Digital Holdings shed 8.2% premarket. Bitcoin’s dollar worth fell 7.4% to $44,084.01 from its 5 p.m. ET level Sunday.
  • U.S.-listed shares of Li Auto fell 4.5% premarket aft the institution revised little its outlook for third-quarter conveyance deliveries owed to Covid-19 hampering spot accumulation successful Malaysia.
  • Pfizer and spouse BioNTech said their Covid-19 vaccine was recovered to beryllium harmless and generated a beardown immune effect successful children aged 5 to 11 years successful a late-stage survey but the affirmative quality wasn’t capable the shingle the broader marketplace rout. Pfizer shares edged 1.3% little premarket and U.S. listed shares of BioNTech fell 4.2%.
  • AstraZeneca shares bucked the broader selloff, with U.S.-listed shares up 1.7% premarket. The institution shared beardown information connected its caller bosom crab cause Enhertu astatine a ample aesculapian league implicit the weekend.
  • Individual-investor favourite AMC Entertainment declined 7% premarket. GameStop fell 3.1%
  • U.S.-listed shares of Chinese companies declined, with Alibaba Group Holding down 3.1%, JD.com down 3.6% and Baidu down 2.2%.
Chart of the Day
  • Natural-gas prices person surged, prompting worries astir wintertime shortages and forecasts for the astir costly substance since frackers flooded the marketplace much than a decennary ago.

Write to Caitlin Ostroff astatine caitlin.ostroff@wsj.com

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