NEW YORK (AP) — Stock futures are inching lower as investors put a rally on hold ahead of a new report on retail sales.
The dollar hit a 15-year low against Japan’s yen and Treasury prices rose Tuesday, further indications investors were ready to take a break from the September stock market rally.
Traders have driven stocks higher throughout the month following signs that the economy continues to grow, albeit slowly.
The Commerce Department’s retail sales report is expected to show modest expansion of 0.3 percent last month.
Dow Jones industrial average futures are down 8, or 0.1 percent, at 10,464. S&P 500 futures are down 1.30, or 0.1 percent, at 1,115, while Nasdaq 100 futures are down 2.25, or 0.1 percent, at 1,1915.
