Sunday, March 13, 2011

U.S. Stock Futures Fall on Concern About Quake's Damage to Japan Economy - Bloomberg

U.S. stock-index futures fell, indicating the Standard & Poor’s 500 Index may drop for a third time in four days, as investors struggled to assess what damage the worst Japanese earthquake on record will do to the world’s third-largest economy.

S&P 500 futures expiring in June lost 0.6 percent to 1,292.60 at 6:50 a.m. in Tokyo. Dow Jones Industrial Average futures dropped 76 points, or 0.6 percent, to 11,927. Nasdaq-100 Index futures declined 0.8 percent to 2,284.25.

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