Market news
16.09.2011, 13:28

Before the bell: S&P futures -0.3%, Nasdaq futures -0.1%

U.S. stock-index futures declined, indicating that the benchmark Standard & Poor’s 500 Index will snap a four-day advance, as European Union finance ministers met in Poland to find ways to control the debt crisis.

EU finance ministers and central bankers meet in Poland today to discuss how to expand the euro area’s new bailout fund. Timothy F. Geithner will become the first U.S. Treasury Secretary to attend a European finance ministers’ summit.
A report published at 13:55 GMT may show that the Thomson Reuters/University of Michigan preliminary index of consumer sentiment rose to 57 in September from an almost three- year low of 55.7 in August, economists in a survey predicted.
Company news:
Research in Motion Ltd. (RIM), the maker of Blackberry smartphones, plunged 19 percent in early New York trading after earnings disappointed investors for the third consecutive quarter.

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