Futures for the Dow Jones Industrial Average were down 20 points, or 6.06 points above fair value, at 13,030. Futures for the S&P 500 were down 2.9 points, or 0.34 points below fair value, at 1403. Futures for the Nasdaq were down by 7.75 points, 3.98 points below fair value, at 2766. "We move towards the ECB meeting tomorrow, with markets looking for reasons to be volatile," said Paul Donovan, global economist at UBS. "We expect the ECB to ease the refi (not the discount) rate and to give a broad outline of the bond buying program -- with the constraint that we still have the German court ruling
NEW YORK (TheStreet) -- Stock futures were signaling a lower open for Wall Street Wednesday as investors weighed global worries, worsened by FedEx's (FDX) reduced guidance and gloomy European reports, against hopes for stimulus ahead of the European Central Bank meeting on Thursday.
2012 Stock Predictions and Outlook
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