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Wall Street Points to Modestly Lower Open

Wednesday,   10-Oct-2018   04:04 PM (IST)

U.S. stock index futures pointed to a slightly lower open, as investors monitored the latest moves in the bond market.The blue-chip Dow futures were down 25 points, or about 0.1%, the S&P 500 futures shed 2 points, or around 0.1%, while the tech-heavy Nasdaq 100 futures indicated a decline of 15 points, or roughly 0.2%.Stocks fell Tuesday after a choppy session, with the S&P 500 closing lower for the fourth straight day, as investors grappled with rising U.S. interest rates.Elsewhere, in Europe, the region's major bourses were lower, as investors digested the latest developments in the stand-off between Rome and Brussels over Italy's spending plans.Earlier, Asian markets ended mixed. In China, the mainland's benchmark Shanghai Composite inched up 0.2% in choppy trade.