Stock futures are flat after major averages post consecutive weekly losses

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Stock futures are flat after major averages post consecutive weekly losses
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Stock futures inch lower after major averages post consecutive weekly losses

Brendan McDermid | Reuters

Futures tied to the Dow Jones Industrial Average fell 18 points, or 0.05%, while S&P 500 and Nasdaq 100 futures slipped 0.04% and 0.05%, respectively. On Friday, the Dow fell 281.76 points, or 0.85%. The 30-stock index shed 1.66% for the week, bringing its monthly losses to 4.83%. The S&P 500 dropped 1.11% and tumbled 2.08% for the week, upping its monthly declines to 5.58%. The Nasdaq Composite slumped 0.97% on Friday and 2.72% for the week. It's down 6.65% this month.

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