Monday, July 25, 2011

US stock futures dn nearly 1%

NEW YORK: In thin electronic trade Sunday night, July 24 U.S. stock futures were down by nearly 1% as U.S. lawmakers failed to reach agreement on a plan to raise the $14.3 trillion debt ceiling.

MarketWatch said the Dow Jones Industrial Average futures fell 114 points, or 0.9%, and S&P 500 futures also declined by 0.9%. Gold futures rose by $14.30 to $1,615.80 an ounce.

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