NEW YORK (Reuters) - Stock index futures slipped on Wednesday, pressured by low growth expectations and ahead of earnings from major financials including Goldman Sachs.
JPMorgan Chase & Co
Shares of Dow component Boeing
A slow economic recovery in developed nations is holding back the global economy, the World Bank said on Tuesday, as it sharply cut its outlook for world growth in 2013. Global gross domestic product will rise 2.4 percent this year, the bank said, down from its June forecast that global growth would reach 3.0 percent in 2013.
S&P 500 futures fell 2 points and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures fell 37 points, and Nasdaq 100 futures lost 1.5 points.
Talks to take Dell Inc
This earnings season the U.S. technology industry is in the unusual position of dragging corporate America down.
(Reporting by Rodrigo Campos; Editing by Chizu Nomiyama)
Stock futures dip on growth concerns, bank earnings eyed
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Stock futures dip on growth concerns, bank earnings eyed
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Stock futures dip on growth concerns, bank earnings eyed