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Futures tumble on growth worries, Chinese tech rout

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Reuters

By Ambar Warrick and Devik Jain (Reuters) -U.S. stock index futures fell more than 1% on Thursday as the growing spread of the COVID-19 Delta variant cast doubts over an economic recovery, while a rout in Chinese technology stocks appeared to have spilled over. Investors globally turned risk averse, sending equities lower and bond prices rallying on worries about Beijing’s crackdown on foreign-listed Chinese firms and a sustained global economic recovery. Didi Global Inc, whose app takedown by China sparked a recent selloff, fell 5.8%. U.S.-listed Chinese stocks tumbled in premarket trading, t…

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