Sunday, December 9, 2012

Futures Rise as Most European Nations Agree to Deal

Most European nations agreed to sign onto a deal that will impose new budget rules and strengthen ties among Euro zone nations, sending futures higher early on Friday. Britain and a few other countries, however, balked at joining the pact.

The U.S. trade gap narrowed to $43.5 billion in October, falling for the fourth straight month.

Dow futures rose 43 points to 11,987; S&P 500 futures rose 5.5 points to 1,235.7.

Texas Instruments (TXN) lowered its sales and earnings forecast, sending shares 5.1% lower in pre-market trading. DuPont (DD) slid 5.2% after lowering its earnings projections

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