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    U.S. Stock-Index Futures Fall, Indicating Fourth Straight Drop for S&P 500

    Written by Investing News Network
    |
    May. 05, 2011 05:08AM PST

    Bloomberg reports that U.S. stock-index futures fell as oil and metals tumbled.

    Bloomberg reports that U.S. stock-index futures fell as oil and metals tumbled.

    The market news is quoted as saying,

    U.S. stocks fell yesterday, with commodity producers driving a third straight loss for the S&P 500, as lower-than- estimated reports on service industries and job growth damped optimism in the economy. A report from the Labor Department at 8:30 a.m. in Washington today may show new applications for unemployment benefits fell last week.

    For the complete market news, click here.

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