NEW YORK (AP) — A day after the Dow Jones industrial average broke a seven-day losing streak, stocks are set to resume that slide.
Futures are falling Wednesday as investors remain concerned about the pace of a global recovery. There are no major economic reports due out Wednesday that could help shake the market from its recent doldrums by providing a sign that strong growth is imminent.
Major indexes have dropped in recent months following a steady stream of economic reports that have fallen short of forecasts.
Dow Jones industrial average futures are down 48, or 0.5 percent, at 9,634. Standard & Poor’s 500 index futures are down 5.40, or 0.5 percent, at 1,018.80, while Nasdaq 100 index futures are down 11.50, or 0.7 percent, at 1,723.00.
