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Since the last update here on the Dow Jones the futures have fallen back. Now the main reason for that would seem to rest with an earnings miss from Caterpillar (CAT). Q4 earnings missed by around $150 million, which does not seem a lot, but looking at other US companies that have reported this morning there seems to be a bit of a trend in that respect. Whilst Cardinal Health did beat, Blackstone and Comcast both missed. In the case of Blackstone, by quite some margin too. So, the upshot is the Dow Jones futures have been rather underwhelmed by all this. Earlier the index was pricing a reopening close to 44,925. The index is just now priced to reopen around 44,675
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