Pre-open movers
U.S. stock futures traded lower in early pre-market trade after recording losses for the fourth session in a row on Wednesday. All the three major indices notched their weakest August performance since 2015. For the month, the Dow Jones dropped around 4.06%, while the S&P 500 declined 4.24%. The Nasdaq index, meanwhile, dipped about 4.64% in August.
Investors are awaiting earnings results fromHormel Foods Corporation(NYSE:HRL),Campbell Soup Company(NYSE:CPB),Lululemon Athletica Inc.(NASDAQ:LULU) andBroadcom Inc.(NASDAQ:AVGO).
The Challenger job-cut report for August is scheduled for release at 7:30 a.m. ET, while...
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