U.S. Stocks Set for Tumble at Open as China Fears Return
Monday, January 4, 2016 5:48
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by Sara Sjolin
Market Watch
Wall Street was set for steep losses at the open on Monday, with U.S. stock futures mired in red after a market rout in Asia, where a slump in Chinese stocks triggered a trading halt.
Investors stateside were also waiting for the latest readings on the manufacturing and construction sectors.
Futures for the Dow Jones Industrial Average shaved off 253 points, or 1.5%, to 17,088, while those for the S&P 500 index lost 26.90 points, or 1.3%, to 2,008.50. Futures for the Nasdaq 100 index dropped 70.25 points, or 1.5%, to 4,517.75.
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Source: http://financialsurvivalnetwork.com/2016/01/u-s-stocks-set-for-tumble-at-open-as-china-fears-return/?utm_source=rss&utm_medium=rss&utm_campaign=u-s-stocks-set-for-tumble-at-open-as-china-fears-return
