Stock futures fall on fresh European bank concerns

NEW YORK (AP) — Stock futures are sliding to start the holiday-shortened week after some fresh concerns about the health of European banks rattled overseas markets.

European markets are falling today after a report said the continent’s major banks have more potentially risky government debt on their books than was disclosed during stress tests earlier this year.

The dollar is strengthening against the euro and investors are buying U.S. Treasurys on the new European bank concerns.

Dow Jones industrial average futures are down 53, or 0.5 percent, at 10,383. S&P 500 futures are down 7, or 0.6 percent, at 1,097, while Nasdaq 100 futures are down 8, or 0.4 percent, at 1,859.