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US futures fall back as European stocks pare opening gains- check out the S+P 500
The European stock markets are of course still markedly higher, but since the opening the gains are being pared back across the board. At the same time the US futures are right now all in the red and certainly not where they were an hour ago. The markets seem to be curbing their earlier enthusiasm and the stellar gains posted last night. The S+P 500 was pricing an opening close to 5,500 earlier. It is just now paring it below 5,400 and it is a similar story for the Nasdaq 100 and raw Dow Jones as all these futures drop back in the first 30 minutes of live European trade. The S+P 500 is right now priced to reopen around 5,380
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