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U.S. futures fall
Saudi Press Agency Published in Saudi Press Agency on 17 - 12 - 2008

Major U.S. stock indexes fell today, as investors worried that the U.S. Federal Reserve has few tools left to fight the financial epidemic.
Among those to post the largest drops were stalwarts including Goldman Sachs and IBM. Goldman fell 2.7 percent, and IBM fell about 3 percent in trading in Germany.
S&P 500 futures expiring in March lost 1.3 percent to 900.80 as of 11:26 a.m. in London. Dow Jones Industrial Average futures slipped 1.2 percent to 8,780 and Nasdaq-100 Index futures decreased 1 percent to 1,228.5.
The Dow Jones Industrial Average rose by 5 percent yesterday, as investors cheered the Federal Reserve's move to cut interest rates to close to zero.

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