Futures lower ahead of reports on jobs, spending

Futures lower ahead of reports on jobs, spending

the Associated Press
Published Aug 30, 2012 07:16AM MDT
NEW YORK • Stock futures are heading lower ahead of a pair of government reports on consumer spending and claims for unemployment benefits. Dow Jones industrial futures are down 41 points to 13,043. The broader S&P futures have given up 5.2 points to 1,402 and Nasdaq futures are down 11.25 points to 2,770. Analysts surveyed by FactSet expect applications for unemployment benefits fell by 2,000 to a seasonally adjusted 370,000. The Labor Department will release the report at 8:30 a.m. Eastern tim...
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