Futures for the tech-focused Nasdaq-100 shed 0.9% Monday, after the Nasdaq Composite dropped 3.3% last week. The Fed signaled its intent to raise borrowing costs and shrink the central bank’s balance sheet to quell inflation. Technology stocks on track to lead losses, with the tech sector leading the losses. Investors face uncertainty in a period of rising interest rates in the coming days, as the Fed raises interest rates. The market has been hit by a series of government shutdowns in China this year, including one of the largest in the country’s largest economies, the U.S. Central Bank of New York City, New York and Washington. The markets have been hit hard by the news. . . .
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