Rising oil prices and a looming report on durable goods sent stock futures lower today, following yesterday's flat performance. Durable goods orders were expected to rise by 0.1 percent in July compared to the previous month, according to economists surveyed by Thomson/IFR. The report is due at 8:30 a.m. EDT. Durable goods orders are a good indicator of consumer spending, which accounts for about 66 percent of U.S. economic activity. The Dow Jones industrial average futures fell 24, or 0.21 percent, to 11,388. The Standard & Poor's 500 index futures fell 2.80, or 0.22 percent, to 1,268.90, and the Nasdaq 100 index futures fell 4.25, or 0.22 percent, to 1,887.25.
