U.S. Stock-index Futures Point To More Losses Monday
U.S. stock-index futures late Sunday pointed to more losses when Wall Street starts the week. At about 11:40 p.m. U.S. Eastern time, futures for the Dow Jones Industrial Average and S&P 500 were implying a 0.5% loss for each when U.S. share markets open a little less than 10 hours later. Nasdaq 100 futures suggested a 0.6% drop. On Friday, the Dow industrials fell 0.7%, the S&P 500 lost 1.2%, and the Nasdaq Composite gave up 2.3%. The weak tone to the U.S. futures came as Asia stock markets pulled back, with Hong Kong's Hang Seng Index down 0.6% in late morning trade, while Australia's S&P/ASX 200 was also down 0.6%, and Taiwan's Taiex plunged 2.3%.
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