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Market preview: U.S. stock futures are higher along with much of Europe, although not France and...

Market preview: U.S. stock futures are higher along with much of Europe, although not France and Spain, with the S&P benchmark +0.6%. Platitudes from the G8 that they want Greece to stay in the euro and polls showing increasing support for pro-austerity parties seem to be doing the trick. Yahoo is +4.4% on its Alibaba deal, but Facebook is -3.8% and below its IPO price, while Lowe's is -5.5% after a profit warning.
Comments (1)
  • 2MuchDebt
    , contributor
    Comments (218) | Send Message
     
    Facebook IPO underwriter banks can't save the stock now (down 13%). It'll be interesting to see how this plays out.
    21 May 2012, 09:51 AM Reply Like
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