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Stock Futures Slip as Durable Goods Orders Fall


Stock futures remained lower on Tuesday after durable goods orders declined in September.

S&P 500 futures were down 0.17%, Dow Jones Industrial Average futures fell 0.13%, and Nasdaq futures declined 0.14%.

Durable goods orders in September fell 1.2%, the second consecutive monthly drop, according to the Commerce Department. The drop was smaller than an expected 2.3% decline. The reading is the last piece of data to be digested before the first third-quarter growth estimate is released on Thursday. Economists expect third-quarter GDP to drop to 1.6% after a final second-quarter reading of 3.9%.

Comcast (CMCSA - Get Report) shares were slightly lower in premarket trading despite an in-line third quarter. The cable company earned 80 cents a share over the quarter, while revenue jumped 11% to $18.67 billion.

Ford (F - Get Report) dropped more than 2% after quarterly...