U.S. stock index futures with the global market and one of the country's biggest bank, is lower than the lower profits this quarter expected.
The dow Jones industrial average futures fell 98 points, 14587 points. The S&P futures fell 12.1 points, to 1556.60. The nasdaq futures fell 22.50 points, to 2805.50.
Bank (Bank of America) us stocks opened down more than 3% on Wednesday, despite its quarterly profit rise from a year ago.
The bank reported net interest income is reduced, and lower consumer loan balance and lower return on assets, because of low interest rates. Its earnings below Wall Street expectations.
Global stock markets fell early, and we have some expectation, Germany, Europe's biggest economy, may soon downgrade.
Germany's DAX index fell 1.2%, and France's CAC 40 index fell 1%.
Other News:
US futures follow global markets downward
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