NEW YORK (AP) — Stock futures are retreating following the lead of overseas markets as investors worldwide continue to worry about the pace of a global recovery.
U.S. traders are bracing for another disappointing report on the housing market Tuesday.
Japanese markets led the way lower, falling more than 1 percent as the yen hit a fresh 15-year high against the dollar.
The National Association of Realtors is expected to report existing home sales fell to their lowest level in more than a decade.
Dow Jones industrial average futures are down 72, or 0.7 percent, at 10,085. Standard & Poor’s 500 index futures are down 8.30, or 0.8 percent, at 1,057.30, while Nasdaq 100 index futures are down 11.75, or 0.7 percent, at 1,797.75.
