Futures fall as weak data fuel recession worries, Fed comments on tap

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Reuters

(Reuters) – U.S. stock index futures fell on Thursday after weak economic data fueled recession worries, while investors await comments from more Federal Reserve officials for clues on the central bank’s path of monetary tightening. Data on Wednesday showed retail sales, producer prices and production at U.S. factories fell more than expected in December, while November output was also weaker, adding to worries of a slowdown in the economy. This led to the S&P 500 and the Dow logging their biggest daily percentage declines in over a month in the previous session, with comments from Fed speaker…

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