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Sentiment Dented; U.S. Stocks to Open Lower

Stock quotes in this article: HD , YHOO , F , JPM , C , BLK , MSFT  

Premarket futures were portending a lower open for stocks on Wall Street Tuesday, as the prospect of additional layoffs in the financial sector and continued woes for the automakers put a dent in investor sentiment.

Futures for the S&P 500 were down 17 points at 834 and were 16 short of fair value. Nasdaq futures were lower by 28 points at 1131 and were 22 below fair value.

On Monday, trading in stocks was choppy before falling sharply in the final minutes of trading. Weak earnings statements from retailers and reports of massive layoffs from JPMorgan Chase (JPM Quote) and Citigroup (C Quote) added to the selling pressure. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
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