U.S. Stock Futures Fall After Weak Data

U.S. stock futures headed lower after a trio of economic releases came in weaker than expected, pointing to another day of selling on Wall Street. Investors reacted to weak reports on consumer health and manufacturing in the New York region. Retail sales fell in September for the first time in eight months, showing a continued reluctance among Americans to splurge on consumer goods. Wholesale prices fell slightly in September as inflationary pressure in the nation's economic pipeline continued to recede. Meanwhile the Empire State manufacturing survey retreated sharply in October, the New York Fed said Wednesday. Futures for the S&P 500 fell 22 points, or 1.2%, to 1,852. Dow Jones Industrial Average futures fell 142 points, or 0.9%, to 16,112. The Nasdaq 100 futures fell 38 points, or 1%, to 3,773.