NEW YORK (AP) — Stocks are set to resume their slide as investors remain jittery about the strength of Europe’s financial stability. Futures are sharply lower.
The expected drop at the open comes after a tumultuous week that saw major U.S. indexes post their biggest one-day losses of the year on Thursday only to rebound and rise sharply to close out the week.
Major European indexes all fell Monday following a bailout over the weekend of a regional bank in Spain. The euro is lower against the dollar, dropping to $1.2382.
Dow Jones industrial average futures are down 80, or 0.8 percent, at 10,080. Standard & Poor’s 500 index futures are down 11.50, or 1.1 percent, at 1,073.10, while Nasdaq 100 index futures are down 19.75, or 1.1 percent, at 1,799.50.
