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U.S. Stock Futures Sag as Investors Fail to Shake Fears of a Pullback
Tuesday, 14 November 2017 18:59 WIB | MARKET UPDATE |

U.S. stock futures faced a fight to make headway Tuesday, as pullback fears continued to cast a shadow over investors, who were keeping a watchful eye out for news about U.S. tax reform plans.

Meanwhile, central bankers were in focus, as Federal Reserve Chairwoman Janet Yellen joined her European and Japanese counterparts on a discussion panel in Frankfurt. Comments are expected from other Fed speakers, as investors listen out for hints on the path for U.S. interest rates.

S&P 500 futures were off 3.65 points to 2,578, while Dow Jones Industrial Average futures were off 14 points at 23,392. Nasdaq-100 futures were down 1.5 points at 6,310.50.

On Monday, the major U.S. indexes posted modest gains, as uncertainty over the state of Republican tax-cut legislation continued and as blue-chip General Electric Co. hit a more-than-five-year low. The S&P 500 closed up 0.1% to 2,584.84, while the Dow rose 17.49 points to finish at 23,439.70. The Nasdaq Composite gained 0.1% to end at 6,757.60.

Source : Market Watch

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