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 December 6, 2017 - 8:36 AM EST
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Futures Point Lower as Worldwide Markets Slide

Futures Point Lower as Worldwide Markets Slide

U.S. stock index futures pointed to a negative open on Wednesday, as investors awaited fresh data while taking note of the declines seen in markets overseas.

Futures for the Dow Jones Industrials slid 51 points, or 0.2%, to 24,121

S&P 500 futures fell 3.25 points, or 0.1%, at 2,625, while futures on the NASDAQ Composite index dropped 22.75 points, or 0.4%, to 6,249

Bitcoin broke above the $12,000 mark during Wednesday morning in Asia for the first time, as the cryptocurrency continues its march upwards.

Productivity and costs data were due at 8:30 a.m. ET. The figures come two days before the U.S. non-farm payrolls data for November, due out on Friday.

Overseas, European stocks were posting losses at noon local time, while Japan's Nikkei 225 capsized 2%, and in Hong Kong, the Hang Seng Index collapsed 2.1%

Oil prices dropped 76 cents to $56.86 U.S. per barrel.

Gold prices gained $3.30 to $1,268.20 U.S. an ounce.


Source: Livemoney US Market Commentary (December 6, 2017 - 8:36 AM EST)

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