CORRECTED-US STOCKS-Wall St set to open lower as strong dollar weighs
(Corrects to say Thursday, not Wednesday, in paragraph 8)
* Range Resources falls after stock downgrade
* Futures down: Dow 86 pts, S&P 11.25 pts, Nasdaq 22.75 pts
By Abhiram Nandakumar
March 24 (Reuters) - Wall Street was set to open lower on Thursday, ahead of the long Easter weekend, as a stronger dollar weighed on commodities.
The dollar was on track for its best streak of gains in almost a year after comments by U.S. Federal Reserve policymakers suggested support for more than one increase in interest rates this year.
St Louis Fed President James Bullard, a voting member of the Federal Open Market Committee, became the latest official to adopt a hawkish stance after he said on Thursday that another rate hike may not be far off.
The comments by Fed officials come after Fed Chair Janet Yellen adopted a cautious tone on raising rates and said the central bank remains data dependant and wary of weak global financial and economic conditions.
Investors will now assess data to gauge the health of the economy as they begin to price in the possibility of more rate hikes in 2016 than anticipated. Continuación...