By Ellis Mnyandu 51 minutes ago NEW YORK (Reuters) - Stock futures slid on Tuesday as disappointing outlooks from bellwethers, including Apple Inc (AAPL.O) and Europe's Vodafone (VOD.L), increased concerns about weakening economic growth and more fallout from the U.S. housing slump.Adding to the negative tone, Wachovia Corp (WB.N), the fourth-largest U.S. bank, posted an $8.86 billion second-quarter loss and slashed its dividend to shore up its balance sheet as mortgage delinquencies rose.
The news from Wachovia, whose stock declined more than 10 percent to $11.80 before the opening bell, damped hopes the bank sector was stabilizing. In recent days stronger-than-expected results from major banks like Citigroup (C.N), Wells Fargo (WFC.N) and JPMorgan Chase & Co (JPM.N) had fed those hopes.
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