US STOCKS - Futures drop as selling pressure continues; data on tap

in.reuters.com - October 16th, 2014 - Chuck Mikolajczak

U.S. stock index futures tumbled on Thursday, after the S&P 500 closed at its lowest in six months, amid concerns about weak global demand and its potential impact on the U.S. economy and businesses.

The S&P 500 and Nasdaq briefly fell into negative territory for the year on Wednesday as the S&P tumbled more than 3 percent to a session low, before rallying late in the session. The decline was also spurred by worries over the spread of the deadly Ebola virus and its possible impact on the travel industry.

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