NEW YORK (Dow Jones)--U.S. stock futures leaned lower Tuesday following the previous session's fourth biggest rally of the year, as investors moved cautiously ahead of housing data, consumer confidence figures and the minutes of the latest Fed meeting. Dow Jones Industrial Average futures dropped 53 points, or 0.5%, to 11464. The blue-chip index is coming off a 255-point gain on Monday, aided by relief that Hurricane Irene wasn't as damaging as initially expected. Standard & Poor's 500-stock index futures slumped 7 points, or 0.6%, to 1201. Nasdaq 100 futures fell 8 points, or 0.4%, to 2212. Changes in stock futures don't always accurately predict stock moves after the opening bell.
Raymond Clough dnomyar34@raymondclough.com
Wall Street Journal - 31 minutes ago NEW YORK (Dow Jones)--US stock futures leaned lower Tuesday following the previous session's fourth biggest rally of the year, as investors moved cautiously ahead of housing data, consumer confidence figures ... |
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