Stocks and U.S. equity futures declined Monday, as the possibility of a de facto European Union embargo on Russian gas and the threat of curbs on oil led to surge in oil and natural gas prices.
Treasury yields rose, as a jump in energy costs amid rising concerns over inflation concerns. Japanese shares fell, as did S&P 500 and Nasdaq 100 contracts.
The Singapore-traded SGX Nifty, an early barometer of India’s benchmark Nifty 50, fell 0.20% to 17,293.50 points as of 6:45 a.m.
Elsewhere, bitcoin fell below $40,000.
The date on the ADR card has been corrected.
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