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FILE - In this Thursday, May 23, 2013, file photo, Trader Donato Cuttone works on the floor of the New York Stock Exchange near the close of trading. Asian shares traded erratically Friday May 24, 2013 but European markets found their footing, a day after global stocks were routed by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus. (AP Photo/Richard Drew, File)

NEW YORK (AP) - Stock futures are sinking and it appears major U.S. indexes are heading for a down week roiled by corporate earnings, good and bad, and confusion about what the Fed will do next.

Dow Jones industrial futures are down 56 points to 15,233. S&P futures have lost 8.9 points to 1,641.10. Nasdaq futures are down 15.5 points to 2,976.75.

Retail shares are falling, led by Sears, after it posted a big loss late Thursday. Gap is falling with investors overlooking a strong quarterly report, and focusing instead on an outlook that disappointed some traders.

Investors on Friday were still trying to figure out how committed the Federal Reserve is to its current stimulus efforts, with mixed signals coming from Chairman Ben Bernanke and other Fed officials.


(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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    AZoldsettler wrote...
    The stock exchange casino.
    January 2, 2013 8:08 am
    The stock exchange & trader = the house The stock = gambling chips The 'investors' = the gamblers Futures = another way to possibly win more. The stock exchange has not been about investing is companies for a long time. Just about betting what the other gamblers are going to do in the next.
  • Abuse
    AZoldsettler wrote...
    test
    January 2, 2013 8:08 am
    ttttt eee sss tttt
  • Abuse
    UZI wrote...
    too add to AZ...
    March 11, 2013 7:58 am
    bonds = debt and we have a lot more of it thanks to the evil potus. So the question is who is holding all of our debt and when will they want to collect. Answer: China and the Fed and soon.
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