US Stock Futures Indicate Another Low Day For US Stocks

US stock futures fell today on investor concerns regarding jobless claims and the durable-goods data. While futures on the Dow Jones Industrial Average slipped 56 points to 10183, those on the S&P 500 lost 5.5 points to 1081.9. Meanwhile, Nasdaq 100 futures declined 14.75 points to 1859. Data on durable-goods orders for the month of May is set to be released today. The weekly jobless claims data is also due today. The report is expected to show a decline in the number of Americans filing for jobless benefits to 463,000, from a one-month high of 472,000 reached last week. On the corporate front, Caterpillar CAT, Nike NKE and Intel Corp INTC are likely to be in focus today. While CAT has slipped 1.5%, INTC has lost 0.8%. NKE is also in the red after it failed to meet analysts’ expectations for the latest quarter. Overseas, European stocks fell today, led by indices in Greece, Spain and Portugal. The Asian bourses were also affected by growth jitters resulting from the downbeat language used by the Fed yesterday. While The Stoxx Europe 600 index fell 0.7% and FTSE 100 index declined 0.8% in the mid-day trading, the Hang Seng closed down 0.59%.