3rd
August
2007
Futures Pointing to Negative Open
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.
Disclosure: No Conflicts.
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