Market preview: Stock futures shed early gains and now hover near breakeven after a...

|By:, SA News Editor
Market preview: Stock futures shed early gains and now hover near breakeven after a weaker-than-expected durable goods report. European markets are higher, sparked by a strong bond auction in Italy and hopes for an ECB rate cut. Apple -3% premarket amid concerns over shrinking profit margins and the lack of a new product cycle until the fall. Still ahead: petroleum inventories.