US STOCKS-Wall St set to open modestly lower as rate hike fears grow

martes 9 de junio de 2015 09:00 GYT
 

* U.S. small business confidence in May hits 5-month high

* April job openings and labor turnover numbers expected later

* Lululemon up after raising full-year forecast

* Burlington Stores fall after results

* Futures down: Dow 12 pts, S&P 2 pts, Nasdaq 13 pts (Adds details, comment, updates prices)

By Tanya Agrawal

June 9 (Reuters) - Wall Street was set to open modestly lower on Tuesday, following three straight days of losses, on intensifying speculation that the Federal Reserve could raise interest rates as soon as September.

Concerns about a rate hike pushed the blue-chip Dow index slipped into negative territory for 2015 on Monday, while the S&P 500 and Nasdaq touched their lowest levels in over a month.

Data on Monday showed U.S. small business confidence rose to a five-month high in May, with owners expecting a solid improvement in profits, which bodes well for the economy's prospects in the months ahead.   Continuación...