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Last updated: February 16. 2013 4:30PM - 22 Views

FILE - In a March 21, 2012 file photo, Specialist Paul Cosentino, right, directs trading on the floor of the New York Stock Exchange. Stocks closed mostly lower Tuesday Aug. 14, 2012, after trading slightly higher for much of the day.    (AP Photo/Richard Drew,file)
FILE - In a March 21, 2012 file photo, Specialist Paul Cosentino, right, directs trading on the floor of the New York Stock Exchange. Stocks closed mostly lower Tuesday Aug. 14, 2012, after trading slightly higher for much of the day. (AP Photo/Richard Drew,file)
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(AP) Stock futures are heading lower as expectations fade that central banks will step in with a quick fix to nudge along the fragile economic recovery.


Dow Jones industrial futures are down 20 points to 13,113. The broader S&P futures have lost 3 points to 1,398. Nasdaq futures are down 6 points at 2,721.


Economic indicators, including those this week, will likely ease the sense of urgency for fiscal policy makers to act quickly. Retail sales numbers released Tuesday were much better than expected and economists expect industrial production likely increased in July as automakers boosted activity. The industrial report will be released at 9:15 a.m. Eastern time Wednesday by the Federal Reserve.


China also appears increasingly less likely to act, like it did in 2008, for fear of inflation.


Associated Press
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