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Pre-Market Primer: Focus Shifts to Fiscal Cliff, and Greece Might Go Broke
MINYANVILLE ORIGINAL Stock futures are down today as major companies reported poor earnings and Greece's rescue became less certain. Before the opening bell Dow (INDEXDJX:.DJI) futures fell 0.81% to 12 672.00. S&P 500 (INDEXSP:.INX) futures slipped 0.84% to 1 363.80 and Nasdaq (INDEXNASDAQ:.IXIC) futures declined by 0.58% to 2 557.00. Import and export prices made paltry gains in October. Export prices were flat and import prices rose only 0.5% on a monthly basis. The Reuters/University of Michigan consumer sentiment survey is expected to show gains in November. Economists say that the index which will be released later this morning ...
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