Business
Stock Futures Drop as Risks Pile Up to Kick Off September
Stocks were heading for a negative open on Tuesday as investors fretted about an uptick in oil prices and higher interest rates at the start of what is historically the worst month for the market.
S&P 500 futures declined 0.5%. Nasdaq 100 futures dropped 1%. Dow Jones Industrial Average futures slid 255 points, or 0.5%.
All three major indexes rose last month, with the S&P notching its best August performances in half a decade. History suggests things will get tougher now–the benchmark index drops 1.1% on average in September.
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