Stocks: Under renewed pressure

  @CNNMoneyInvest June 11, 2013: 7:47 AM ET
sp 700

Click on chart for more premarket data.


Markets around the world were under pressure Tuesday as investors continue to worry about central banks easing back on their bond-buying programs and loose monetary policies.

U.S. stock futures dipped by roughly 0.9%.

After climbing steadily for the first part of the year, U.S. stocks have been choppy in recent weeks as investors try to gauge when the Federal Reserve will begin to slow the pace of its stimulus program.

Major Asian markets ended down between 1% to 1.5% after the Bank of Japan left its monetary policy unchanged, disappointing some who had been hoping for further stimulus measures. The yen, which had been losing traction against the U.S. dollar, gained nearly 2%.

European markets took their cue from Asia and headed lower in early trading.

Related: Fear and Greed Index

On the corporate front, Lululemon (LULU) shares tanked tanked after the yogawear maker announced that CEO Christine Day is stepping down.

Shares of Sprint Nextel (S, Fortune 500) rose after SoftBank, Japan's third-largest wireless carrier, increased its takeover offer.

Shares of Dole Foods (DOLE, Fortune 500) surged after the company said its chairman and CEO, David Murdock, made a cash offer to buy the 60.5% of the company he doesn't already own. Murdock offered to pay a 17.6% premium to Monday's close.

Shares of aircraft maker Boeing (BA, Fortune 500) slipped after the company trimmed its 20-year forecast for widebody jet demand, even as it raised its forecast for single-aisle jets. To top of page

Join the Conversation
Sponsored by
Index Last Change % Change
Dow 16,408.54 -16.31 -0.10%
Nasdaq 4,095.52 9.29 0.23%
S&P 500 1,864.85 2.54 0.14%
Treasuries 2.72 0.08 3.19%
Data as of 4:35pm ET
Company Price Change % Change
Bank of America Corp... 16.15 0.00 0.00%
Facebook Inc 58.94 0.00 0.00%
General Electric Co 26.56 0.00 0.00%
Cisco Systems Inc 23.21 0.00 0.00%
Micron Technology In... 23.91 0.00 0.00%
Data as of Apr 17
Overnight Avg Rate Latest Change Last Week
30 yr fixed4.36%4.24%
15 yr fixed3.39%3.26%
5/1 ARM3.36%3.27%
30 yr refi4.34%4.22%
15 yr refi3.38%3.24%
View rates in your area
Find personalized rates:
Rate data provided
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.