S&P futures vs fair value: -1.90 at 893.60. S&P turned red in the past couple of minutes of the pre-market activity, as there are no important economic news floating around today. All the European bourses are trading with confidence and some moderate gains at this minute though. Great Britain's FTSE is up 0.65%, Germany's DAX is up 0.36% and CAC of France is up 0.25%.
Meanwhile, crude oil prices are pulling further down. It is now quoted at $64.05 a barrel.
GM is coming out of bankruptcy soon, after a court decision issued Sunday night, according to CNN. The stock has been hit hard trading under a buck at $0.702 s share.
Tuesday, July 7, 2009
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