Reply #25: Wall St futures fall, point to further sell-off

[ozymandius]

FRANKFURT (Reuters) - Futures on leading U.S. stock market indexes fell before the start of Wall Street trading on Tuesday, signaling that American shares would join the global equities sell-off.

Cash equities markets in the world's largest economy, seen by some analysts as teetering on the brink of recession, are due to resume trading at 9:30 a.m. EST having been closed on Monday for Martin Luther King Day.
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At 5:40 a.m. EST, S&P 500 futures were down 5.2 percent, having fallen as much as 5.3 percent earlier. Dow Jones futures fell 4.6 percent and Nasdaq futures dropped 5.5 percent.

The indicative Dow Jones index, which tracks how the Dow stocks trade in Frankfurt, was 5.9 percent lower.

http://www.reuters.com/article/topNews/idUSN2140979520080122