Stock Futures Mostly Fall On Euro Gloom


Salon Staff
January 25, 2012 6:09PM (UTC)

NEW YORK (AP) — U.S. stock futures are mixed Wednesday as investors weigh poor economic figures from the United Kingdom and a possible impasse in important debt negotiations in Greece against a bang-up earnings report from Apple.

Dow Jones industrial futures are down 47 points to 12,579, while S&P 500 futures are down 4 points to 1,307. The technology-heavy Nasdaq composite is up 15 points to 2,452 after Apple Inc.'s earnings blew past expectations. The company sold 37 million iPhones in the last three months of 2011.

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European stock markets fell as Greek bondholders met for a closed-door meeting in Paris to discuss how — and whether — to continue talks central to Europe's debt crisis.

Adding to gloom was a report that Britain's economy shrank by 0.2 percent in 2011's fourth quarter.


Salon Staff

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