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US stock futures dip ahead of consumer spending

US stock futures dip ahead of consumer spending

U.S. stock market futures slid ahead of March consumer spending data.
Dow Jones industrial average futures are down 0.17 percent at 13,141. Standard & Poor's 500 futures are down 0.25 percent at 1,395. Nasdaq 100 futures are off 0.37 percent at 2,726.
The Commerce Department has reported that spending slowed to a 0.3 percent gain in March but income rose 0.4 percent. Recent economic reports are generating concern that the recovery is slowing down.
Europe isn't helping. Markets there are mainly down, weighed by growing concerns over Spain. Data confirmed Spain slipped back into recession in the first quarter.
Germany's DAX is off 0.31 percent. France's CAC 40 is down 1.13 percent. Britain's FTSE 100 is up 0.49 percent.


Updated : 2021-03-01 12:03 GMT+08:00