At 7:40 a.m. futures are flat, the dollar is lower against the yen, pound, and euro, and the price of oil is down.
It sure feels like the other shoe has dropped. Focus is back on the reality of the economic recovery, in this case, is it real. Recent economic indicators have not been favorable. There have been drops in consumer sending and such. There are bound to be drops in this activity, it is more about comparing several months in a row.
Steady as she goes.
CNN: Stocks set for flat open
Worries of a worldwide economic slowdown have unsettled investors recently.
Until investors become more confident in the health of the economy, the market is likely to remain under pressure...
Investors will take in a survey on nationwide manufacturing activity, which comes out at 10 a.m. ET.
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