Wednesday, July 25, 2007

GLOBAL MARKETS-Stocks, dollar stabilise after battering

(Reuters) - Credit spreads narrowed after blowing out earlier this week
on troubles at the U.S. high-risk subprime mortgage sector. U.S.
stock futures pointed to a firmer open on Wall Street a day
after posting their worst one-day performance since March.




The FTSEurofirst 300 index turned slightly into
positive territory after hitting a one-month low. U.S. stock
futures also rose after Web retailer Amazon.com
reported strong profit and raised its outlook.


Read more at Reuters.com Economic News

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