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August 3rd

Futures Pointing to Negative Open

posted in Wall Street 411 |

Looks like U.S. exchanges are pointing to a negative open this morning, but by no means is it a terrible decline. Oil futures are also selling off right now, which may ease tension and make way for another rally. As for foreign exchanges, most are somewhat neutral, but slightly lower overall. Investors should look for another large early morning sell off, followed by a snap back rally towards the end of the day.

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This entry was posted on Friday, August 3rd, 2007 at 5:35 am and is filed under Wall Street 411. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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