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Reply #14: Stocks set for rough start [View All]

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ozymandius Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-09-08 06:01 AM
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14. Stocks set for rough start
LONDON (CNNMoney.com) -- U.S. stocks looked set for a tough start Wednesday as oil prices rebounded from a sharp two-day decline.

At 5:26 a.m. ET, Nasdaq and S&P futures were narrowly lower, suggesting a negative start for Wall Street.

U.S. stocks rebounded Tuesday, as bargain hunters scooped up shares pummeled in the recent selloff and oil futures sank more than $5.

http://money.cnn.com/2008/07/09/markets/stockswatch/index.htm?postversion=2008070905
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