Thursday, June 7, 2007

US STOCKS-Futures turn lower as bond yields top 5 pct

(Reuters) - S&P 500 futures were down 0.2 points, below fair
value, a mathematical formula that evaluates pricing by taking
into account interest rates, dividends and time to expiration
on the contract.




Dow Jones industrial average futures fell 9 points,
and Nasdaq 100 futures were down 3 points.


Read more at Reuters.com Bonds News

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