Stocks were looking to continue their struggles this morning as futures were suggesting a slightly bearish opening.
dismal afternoon, in which stocks slumped across the board, there was little news this morning to sway sentiment one way or the other.
came out last night with better-than-expected
earnings, but also said it expects its second-quarter growth to be very modest. The stock lately was off 19.4% to $36 in light volume on
The news hurt software maker
, which lately was down $2.56, or 6%, to $40.39 on
Early on, futures were indicating a flat to negative opening. The
S&P 500 futures on
lately were off 0.1 to 1256, about 2 points below fair value as calculated by
. The thinly traded
futures were down 24 to 2047, or about 18 points below fair value as calculated by
Europe's major indices were lower at midsession, with much of the drag coming from mobile phone makers
was down 0.6%, Germany's
was falling 1.2% and the U.K.'s
was off 0.2%. Asian markets fared no better, ending the day with Japan's
losing 0.2% overnight, and Hong Kong's
For more on the world stock markets, check out
global indices information.
For Wednesday's postclose trading, see The Night Watch.