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Pre-Market Primer: Fitch Warns of US Downgrade; Republicans to Pass Their Own Tax Bill
MINYANVILLE ORIGINAL While European and Asian stocks rally US futures are slightly higher today. Before the opening bell Dow (INDEXDJX:.DJI) futures rose 0.26% to 13 311. Futures contracts on the S&P 500 (INDEXSP:.INX) gained 0.22% to 1 444.20 and Nasdaq (INDEXNASDAQ:.IXIC) futures climbed 0.36% to 2 711.25. Unsatisfied with the president's concessions so far House Republicans announced yesterday that they will pass their own tax bill as a "Plan B" to avert the fiscal cliff. The bill is not likely to pass the Democrat-controlled Senate but passing something now could let the Republicans say that they aren't responsible for ...
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