NEW YORK (AP) — The stock market is headed to a slightly lower opening as twin concerns, the economy and financial regulation, are making investors uneasy about investing in companies.
Congressional negotiators have agreed early Friday on a bill that overhauls the rules that govern banks and investment firms. The bill softens a measure that could have stripped banks of their ability to trade in derivatives. But futures show that investors are still unsure about the legislation.
Investors are also cautious after the latest economic reports have raised doubts about the strength of the recovery.
Dow Jones industrial futures are down 5 at 10,094. Standard & Poor’s 500 futures are down 0.30 at 1,070.20 and Nasdaq 100 futures are down 10.5 at 1,839.0.
