Futures Point to Continued Decline

Stocks are lower today, continuing their longest slide in more than a month, amid caution about the political and monetary backdrop.

S&P 500 futures fell almost one-quarter of a percent, though most of Europe is posting a gain of less than half a percent. Asia fell slightly in the overnight session, but none of the major indexes lost more than 1 percent.

The S&P 500 ripped to an all-time high last Wednesday after the Federal Reserve stunned investors by refusing to trim monetary stimulus, but the benchmark index has fallen every session since. Another negative close today would mark the SPX’s first consecutive four-session decline since Aug. 19.

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