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Market preview: U.S. stock futures build on earlier gains despite worse-than-expected jobless...

Market preview: U.S. stock futures build on earlier gains despite worse-than-expected jobless figures, with sentiment buoyed by strong export figures from China and falling Spanish bond yields. The S&P benchmark is +0.4%. Nokia surges 22% after saying Q4 earnings were better than it expected, while Herbalife is +0.9% but down sharply from earlier highs as a much anticipated investor meeting gets underway. Later : Bloomberg Consumer Comfort Index, Wholesale Trade, Lots of Fed speak
Comments (1)
  • june1234
    , contributor
    Comments (3255) | Send Message
     
    Layoffs means less mouths to feed = better earnings going forward, part of the deleveraging process they talk about from time to time
    10 Jan 2013, 05:25 PM Reply Like
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