Stock futures weaken ahead of data fury

[October 01, 2009]  WASHINGTON (AP) -- The stock market is looking to open lower as investors warily await a flood of key economic data.

Stock futures are down Thursday ahead of the release of reports including the Institute for Supply Management's September manufacturing index and the Commerce Department's August data on personal income and consumption. The Labor Department has its weekly jobless claims report and the National Association of Realtors has pending home sales figures.

Dow Jones industrial average futures are down 29, or 0.3 percent, at 9,624. Standard & Poor's 500 index futures are down 4.80, or 0.5 percent, at 1,048.10, while Nasdaq 100 index futures are down 10.00, or 0.6 percent, at 1,707.50.

Overseas markets are mixed after the International Monetary Fund said the global economy is recovering faster than expected, but warned it will be a sluggish recovery.

[Associated Press; By IEVA M. AUGSTUMS]

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