Before the Bell: Futures struggle on interest rate, U.S. budget worries


Source: theglobeandmail.com theglobeandmail.com

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Equities Wall Street futures were lower early Tuesday after the previous session’s modest gains with rate concerns and worries about a U.S. budget standoff tempering sentiment. Major European markets were mostly weaker. TSX futures were down. In the early premarket period, Dow, S&P and Nasdaq futures were in the red. All three managed gains on Tuesday, ending four days of losses. All three are still down for the month. Canada’s S&P/TSX Composite Index finished Monday up 0.1 per cent but continued to trade near its lowest level in four weeks. “Another warning from ratings agency Moody’s about the impact of...