Stock markets in the United States traded with losses in the premarket on Monday following worrying inflation and consumer sentiment data. Inflation reached 8.6%, a 41-year-high, while consumer confidence dropped to a record low in June, according to a preliminary report.
The Dow Jones plunged 1.92% or 603 points at 4:22 am ET, while the Nasdaq 100 slumped 3.19% or 379 points, and the S&P 500 lost 2.56% at the same time.
The euro traded 0.48% lower against the dollar at 4:23 am ET, selling for 1.04733.
