
U.S. stocks look set to snap a five-session losing streak, as indicated by trading in the major index futures. Bargain hunting could generate some buying interest even as traders remain concerned about growth and interest rates.
On Monday, the major U.S. averages opened slightly lower but turned modestly higher in early trading. The modest optimism later gave way to deep-rooted pessimism concerning the economy, sending the averages lower for the session.