U.S. stock futures are falling after a rally that left the Standard & Poor’s 500 index on track for its best month since 1974.
Markets had rallied Thursday after European leaders unveiled a deal aimed at defusing the Greek debt crisis. They agreed to expand a regional bailout fund. Banks agreed to forgive half of Greece’s debt.
Shares of appliance maker Whirlpool Corp. fell 14 percent in premarket trading Friday after the company said it will cut 5,000 jobs, citing weak demand and higher costs for materials.
Dow Jones industrial average futures are down 63 points, or 0.5 percent, at 12,105 in early trading. S&P 500 futures are down 8, or 0.6 percent, at 1,275. Nasdaq 100 futures are down 14, or 0.6 percent, at 2,380.