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Friday, 27 June 2014

Stock futures dip, but Nike rises in premarket

A Wall Street sign is pictured in the rain outside the New York Stock Exchange By Ryan Vlastelica NEW YORK (Reuters) - Stock futures fell on Friday, with major indexes largely on track to close out a week of modest losses as investors grew cautious over the state of economic growth. * While the S&P 500 remains 0.3 percent away from a record closing high, further gains may be difficult to come by following some negative data and comments from St. Louis Fed President James Bullard, who said interest-rate increases should come sooner rather than later. * Ongoing violence in Iraq continues to be a concern for investors, as prolonged tension in the region could cause a prolonged spike in crude oil prices and weigh on consumer spending. * Nike Inc reported fourth-quarter earnings that beat expectations on strong sales in North America and Europe, while DuPont cut its full-year operating profit outlook, citing weakness in its agriculture and performance chemicals divisions.








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