“NEW YORK—U.S. stock futures leaned lower as investors moved cautiously following a disappointing outlook from Applied Materials and a large share offering from AIG, and ahead of durable-goods data.
About 90 minutes before the opening bell, Dow Jones Industrial Average futures had slipped 14 points to 12313, while Standard & Poor’s 500 stock index futures eased 1 point to 1313 and Nasdaq 100 futures were down 2 points to 2300. Changes in stock futures don’t always accurately predict stock moves after the opening bell.
Data on orders for durable goods in April will be released at 8:30 a.m. EDT, while a March reading on home prices is due out at 10 a.m.”
If you enjoy the content at iBankCoin, please follow us on Twitter
