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US stocks set to open lower as dollar rises

US stocks set to open lower as dollar rises

U.S. stock futures are falling as a stronger dollar pulls commodities prices lower.
Markets overseas are also lower. Bond prices are little changed.
A stronger dollar makes commodities more expensive for foreign buyers and can hurt the profits of companies that do business overseas.
The decline in stock futures comes after major indexes edged lower in light trading Tuesday, ending a six-day winning streak.
Dow Jones industrial average futures are down 55 at 10,432. Standard & Poor's 500 index futures are down 6 at 1,114, while Nasdaq 100 index futures are down 8 at 1,864.


Updated : 2020-12-04 04:43 GMT+08:00