NEW YORK (TheStreet) -- U.S. stock index futures were weak Friday, pointing to a potential weekly loss for the benchmark stock indices as investors continued to worry that the global economy was stalling.
Dow Jones Industrial Average
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Watch the video below for a closer look at how U.S. markets are doing in premarket trading Friday:
"With nearly half of the SPX profits coming from overseas, this has lead to a 'sell first, ask questions later' mentality," said Ryan Detrick, strategist at research firm See It Market.
The SPX 200-day moving average is now around 1,905, and there hasn't been a close beneath that level for 476 days, according to Detrick. Detrick said this is the third-longest streak since 1950, and that coupled with the fact there hasn't been a 10% correction for 36 months "feels this rally could be getting very long in the tooth."