NEW YORK (AP) — Stock futures are falling as investors keep an eye on the European debt crisis and get a key domestic report on weekly jobless claims.
The Labor Department’s unemployment report is expected to show new claims for jobless benefits dipped modestly.
But if recent trends hold, investors will focus more on the health of Europe’s economy than the ongoing domestic recovery.
The euro is falling again. It has become a key indicator of confidence in Europe’s ability to contain growing debt problems.
Dow Jones industrial average futures are down 65, or 0.6 percent, at 10,340. Standard & Poor’s 500 index futures are down 7.80, or 0.7 percent, at 1,102.10, while Nasdaq 100 index futures are down 16.75, or 0.9 percent, at 1,851.50.
