Stock futures dropped on Friday, 11/25/11 on concerns about the euro-zone debt crisis, as millions of Americans hit shopping malls on the traditional starting day of the holiday-shoppingseason. The tought of going near a store … is as crazy as the market!!
Futures on the Dow fell 71 points to 11,163 and those on the S&P’s 500 stock index declined 8.20 points to 1,151.7. Nasdaq 100 futures fell 14 points to 2,147.
EU stock markets largely reversed course ahead of the open of US markets, turning earlier losses into slight gains asUSstock market futures also pared losses. Asia markets closed mostly lower on Friday, with energy and banking stocks notable decliners, as ongoing concerns over EU’s debt crisis kept investors sidelined.
So what is NOT new ….