Market preview: Shares are set to open sharply lower, with S&P futures -0.9% after European...

|By:, SA News Editor
Market preview: Shares are set to open sharply lower, with S&P futures -0.9% after European selling due to debt concerns. This follows heavy losses for Spain's Socialists in local elections, and dowgrades for Italy and Greece in recent days. The euro falls below $1.40. At home, a big drop in the Chicago Fed National Activity Index ends a three-month run of advances.