NEW YORK — Stock futures are falling after another disappointing economic report calls into question the pace of recovery.
The Commerce Department says durable goods orders fell 1 percent last month, well short of the 1 percent gain that had been forecast. Excluding the volatile transportation sector, orders dipped 0.6 percent while economists had been expecting a small gain.
The weak report Wednesday follows another drop in consumer confidence a day earlier. Economic data has largely shown a recovery is slowing and growth will remain weak.
Dow Jones industrial average futures are down 20, or 0.2 percent, at 10,474. Standard & Poor’s 500 index futures are down 1.70, or 0.2 percent, at 1,109.20, while Nasdaq 100 index futures are down 3.50, or 0.2 percent, at 1,883.00.