Stock Futures Signal Weak Start

Premarket futures were forecasting a lower open for stocks on Wall Streeet Wednesday, a day after the market saw an early rally completely erased by a loss of momentum in the afternoon.

Futures for the S&P 500 were down 2.5 points at 1274 and were 3.7 points below fair value. Nasdaq futures were lower by 5 points at 1847 and were 5.2 points under fair value.

On Tuesday, the major indices rose early on a sharp decline in crude oil prices, only to give back those gains and finish in negative territory. Poor performances by energy, mining and technology stocks contributed to the reversal. ...