U.S. Stock Futures Tumble as the Death of American Retail Continues, Crypto Coins News
1.6k Views
After surging more than points in New York, Dow Jones futures limped into overnight trading.
Investors grappled with negative headlines ranging from the Democrats ’Iowa caucus disaster to the closure of hundreds of Macy’s stores.
American retailers are struggling with a host of issues that go far beyond the rise of e-commerce.
Futures on the Dow and broader U.S. stock market tumbled in overnight trading Tuesday after another iconic retailer announced it would shutter hundreds of stores and layoff thousands of workers.
U.S. Stock Futures Tumble
Futures contracts for all three major U.S. indexes traded modestly lower Tuesday evening. Dow Jones futures were off by as much as points before paring losses later in the session. At press time, the Dow’s March contract was down points, or 0.1%, to ,
GIPHY App Key not set. Please check settings