Pre-Market Primer: Stocks Slump as G20 Meets in Moscow
Stock futures are trending downward today as investors ingest a busy economic calendar and the G20 nations meet in Moscow. Dow (INDEXDJX:.DJI) futures were down 0.10% at 13 937. Futures contracts on the S&P 500 (INDEXSP:.INX) declined 0.12% to 1 516.70 and Nasdaq (INDEXNASDAQ:.IXIC) futures slipped 0.06% to 2 765.50. Later this morning the Federal Reserve will release its monthly index of industrial production for January. Production is expected to rise 0.3% for the second consecutive month. Manufacturing might have risen 0.2% and the capacity utilization rate is thought to have ticked up 0.1 percentage points to 78.9%. A ...
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