Tuesday, April 3, 2007

US STOCKS-Futures point to higher open, crude drops

(Reuters) - The stock market is also likely to take direction from February pending home sales due shortly after the opening. The data will be scrutinized for signs the subprime mortgage crisis has harmed the housing sector.

The fall in crude may underpin consumer-oriented sectors, such as retailers like Wal-Mart Stores Inc. , but it may also put pressure on shares of energy companies such as Exxon Mobil Corp.


Read more at Reuters.com Bonds News

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