Reply #11: Stock Futures Lower on Retail Data [View All]

LONDON - U.S. stock market futures were lower Thursday as data began to filter in suggesting that same-store sales growth won't be as strong in February as it was in January.

Dow Jones futures were recently down 22 points, S&P 500 futures declined 2.2 points, and Nasdaq 100 futures were off 2 points.

On Wednesday, U.S. stocks bounced back from a drubbing, with the Dow industrials rising 60 points, the Nasdaq Composite climbing 33 points at 2,314 and the S&P 500 rising 10.6 points at 1,291, as investors sought out bargains in the technology sector.

Thursday's economic agenda will be centered more around Frankfurt than Washington, D.C, with the European Central Bank expected to hike its key interest rate by a quarter-point to 2.5 percent.

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