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Before the bell: Stocks futures point to a solid start after CIT's failure, Ford's earnings |
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| Nov 02, 2009 12:35 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Before the bell, International markets, Ford Motor (F), Market matters, CIT Group (CIT), Economic data, Oil, Financial Crisis U.S. stock futures were significantly higher Monday morning, with Wall Street ready to start November on a solid note following Friday's sharp selloff. This morning is indicative of the week ahead full of earnings and economic data. In addition, this week also features the Federal Reserve policy meeting.On Friday, markets skidded some 2.5 percent as the fate of CIT Group (NYSE: CIT) hung in balance and the strength of the economic recovery, and with it the markets' rally, questioned. And after seven months winning streak, which took Wall Street over 50 percent higher from March lows, October finished in a down note. Before the bell: Stocks futures point to a solid start after CIT's failure, Ford's earnings originally appeared on BloggingStocks on Mon, 02 Nov 2009 07:35:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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