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Pre-Market: Stock Futures Slide

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WORLD HEADLINES – The dollar advanced as the Federal Reserve stayed on track for a December rate hike.

STOCKS – European stocks slid, following a retreat in Asia, amid growing concerns about a slowdown in China and policy makers’ steps to address it.

BONDS – The yield on 10-year Treasuries dipped four basis points to 3.20 percent, the largest decrease in two weeks.

COMMODITIES – Gold decreased 0.2 percent to $1,224.03 an ounce, reaching the weakest in more than a week on its fifth consecutive decline.

CURRENCIES – The Dollar Index increased 0.2 percent, the highest in more than a week.
The euro declined 0.3 percent to the weakest in more than a week.

ECONOMIC DATA – US PPI m/m due at 8:30, FOMC Member Quarles Speaks at 9:05, Prelim UoM Consumer Sentiment at 10:00 ET.

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COMMODITY FUTURES, OPTIONS, AND FOREX TRADING INVOLVES SUBSTANTIAL RISK AND IS NOT SUITABLE FOR ALL INVESTORS. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
 
 
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