Stocks look to start week lower

[November 08, 2010]  NEW YORK (AP) -- Stock futures are pointing to a lower start for the week after major market indicators finished last week at their highest levels in more than two years.

With no major economic reports scheduled for Monday, traders will likely take a second look at a rally that has pushed market indexes to levels not seen since Lehman Brothers collapsed in September 2008.

The dollar is up 0.6 percent against a broad basket of currencies.

Dow Jones industrial average futures are down 26, or 0.2 percent, to 11,350. Futures for the Standard and Poor's 500 index are down 4, or 0.3 percent, while Nasdaq 100 futures are down 6, or 0.3 percent.

Overseas markets were mixed. The Euro Stoxx 50, an index that tracks companies in Europe, is down 0.2 percent. China's benchmark Shanghai Composite Index rose 1.0 percent.

[Associated Press; By DAVID K. RANDALL]

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