Market preview: EU shares begin to turn lower and S&P futures (+0.3%) pare earlier gains, as...

|By:, SA News Editor
Market preview: EU shares begin to turn lower and S&P futures (+0.3%) pare earlier gains, as investors realize that with record 7.89% yields, Italy's €7.5B bond auction wasn't so good after all. AMR is halted after filing for bankruptcy. Tiffany -7.7% after disappointing guidance, but Seagate +8.9% on its positive outlook. Later: consumer confidence, Fedspeak.