Bloomberg News

U.S. Stock-Index Futures Retreat; S&P 500 Contract Declines

June 10, 2011

June 10 (Bloomberg) -- U.S. stock futures dropped, as the benchmark Standard & Poor’s 500 Index headed for a sixth straight weekly loss, its longest run of declines since July 2008.

S&P 500 futures expiring in September retreated 0.3 percent to 1,277.8 at 6:56 a.m. in New York. The S&P 500 index is heading for a 0.9 percent weekly loss as investors speculated that the economic recovery is faltering and Greece will default on some of its debt. Dow Jones Industrial Average futures lost 34 points, or 0.3 percent, to 12,010 today.

To contact the editor responsible for this story: Will Hadfield at whadfield@bloomberg.net


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