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- Before the bell: S&P futures -0.6%, Nasdaq futures -0.4%
Before the bell: S&P futures -0.6%, Nasdaq futures -0.4%
Italian 10-year borrowing costs surged to a euro-era record as the focus shifted from Greece after Prime Minister George Papandreou agreed to step down to create a new unity government. Investors are betting Prime Minister Silvio Berlusconi may be forced to resign if he fails to win majority support in tomorrow’s vote on the 2010 budget report.
World markets: Nikkei -0.39%, Hang Seng -0.83%, Shanghai Composite -0.73%, FTSE -0.63%, CAC -0.51%, DAX -0.50%.
Crude oil: $94.39 per barrel (+0,1%).
Shares of Home Depot (HD) rose 0,71% premarket as RBC Capital Markets upgraded it to Outperform from Sector Perform.
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