NEW YORK (AP) — Stock futures are falling for the third day out of the past four ahead of a slew of economic data.
The second major U.S. retailer this week is releasing disappointing quarterly numbers. Wal-Mart on Thursday cut its outlook for the year, just as Macy's had done the previous day.
Dow Jones industrial futures are down 58 points to 15,246. S&P futures have lost 6.6 points to 1,675.40. Nasdaq futures down 16.25 points to 3,107.
The government is expected to report a slight uptick in the number of Americans seeking unemployment benefits Thursday. Still, the number of people applying for aid in the last month is at the lowest level since before the recession.
The government also releases figures on industrial production and consumer prices Thursday.