US stock futures are facing a significant decline for the third consecutive session, reflecting investor concerns about the weakening US economy. This sentiment was reinforced by a disappointing July jobs report, which revealed a higher-than-expected unemployment rate of 4.3%.
The Dow futures are down by 600 points, equivalent to a 1.5% decrease. Similarly, the S&P 500 futures have fallen by 2.7%, while Nasdaq futures are showing a substantial 4.5% decline.
