Futures point to lower open to start week
2016-09-26 07:35:52
Stock index futures are pointing toward a lower open for the broader market, continuing the pullback that ended last week. Poor trading in Eurozone banks with Deutsche Bank hitting record lows, along with continued focus on last week's central bank decisions and renewed worries about the potential fallout from Britain's "Brexit" vote, appear to be the main forces driving the softness. In the U.S., the economic calendar is relatively quiet, with the new home sales report for August, due at 10 am ET, the only report of consequence. After the close, Hillary Clinton and Donald Trump kick off the debate season with their first televised sparring match. In early trading, Dow futures are 74 points below fair value, Nasdaq futures are 25 points below fair value and S&P futures are 9 points below fair value.