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Futures Pare Losses on Strong Goods Data

FOX Business: Capitalism Lives HereU.S. stock-index futures trimmed losses Friday on a much stronger-than-expected report on durable goods orders, however, worries remained about when the Federal Reserve's QE exit strategy.Today's MarketsAs of 8:37 a.m. ET, Dow Jones Industrial Average futures fell 34 points to 15255, S&P 500 futures dipped 6.5 points to 1644 and Nasdaq 100 futures slid 11.8 points to 2981.The market's seemingly endless rally has taken a breather this week. The broad S&P 500 is off 1% for the week as worries swell about when the Federal Reserve will begin paring back its quantitative easing program and whether the world economy will be able to handle the shock when it does. "Asset market movements over the past two days have largely reflected increased expectations of Fed tapering, adding to concerns about global growth," analysts at Barclays wrote to clients. Even an upbeat data failed to halt the fall. The Commerce Department said orders for long-lasting goods climbe...

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  1. Futures Slide as Weak China Data Add to Fed Gloom

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