15.10.08

U.S. stock futures sharply lower after data wave

NEW YORK (MarketWatch) -- U.S. stock futures pointed to another sharp opening fall on Wednesday after economic data proved generally dismal, erasing optimism on better-than-forecast results from the Coca-Cola Co., Intel Corp. and J.P. Morgan Chase.
"Retail sales were worse than expected, core PPI was hotter than forecast, and the Empire State Index outcome was fairly ugly," said analysts at Action Economics.
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