U.S. Stocks Set To Open Lower After Global Sell-Off

October 24, 2008 7:35 AM EDT
Stocks around the world tumbled today and U.S. futures are down significantly on continued concerns of a deep global slowdown. In fact, the S&P futures were 'limit down', which stops a larger decline until the market opens.

Around the world, the FTSE 100 fell 7.5%, Dow Jones Stock 600 fell 7.9%, South Korea's Kospi fell 10% and the MSCI World Index lost 3.8% and the MSCI Asia Pacific Index fell 6%.

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