|

Add to Favorites

Forex

Futures

Spread Betting

CFD's

The Fusion Media Network:

Market News

Forex Brokers

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=aebed4f4' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=259&what=bannerid:579&n=aebed4f4' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a6d84836' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=181&what=bannerid:309&n=a6d84836' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=ab6fa4c4' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=178&what=bannerid:287&n=ab6fa4c4' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a72a0668' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=250&what=bannerid:604&n=a72a0668' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a9f62d12' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=197&what=bannerid:370&n=a9f62d12' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a65abcee' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=20&n=a65abcee' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=af78d5b1' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=201&what=bannerid:398&n=af78d5b1' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a4c834ed' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=204&what=bannerid:417&n=a4c834ed' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a755b3b9' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=212&what=bannerid:434&n=a755b3b9' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=aa59d8a1' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=266&what=bannerid:607&n=aa59d8a1' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=abba7dad' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=216&what=bannerid:462&n=abba7dad' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a08107bf' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=263&what=bannerid:596&n=a08107bf' border='0' alt='' /></a>

Trading Tools

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a8148999' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?zoneid=42&n=a8148999' border='0' alt='' /></a>

US STOCKS-Futures drop after Fed auction statement

2008-10-07 12:36:04 GMT (Reuters)

0

votes

View Comments (0)

Previous News | Next News

	Text Size
	Print
	Email
	Add a Comment

(Updates with futures losing ground)

NEW YORK, Oct 7 (Reuters) - U.S. stock index futures fell on Tuesday after the U.S. Federal Reserve announced its fourth-quarter term auction schedule, unnerving investors who anxiously await signs of some coordinated response by global central banks to unfreeze the credit markets.

Initially futures had risen on speculation that global central banks might mount a coordinated response to calm jittery markets and thaw the credit freeze.

S&P 500 futures fell 2.9 points and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures dropped 26 points and Nasdaq 100 futures slipped 1.80 points. (Reporting by Ellis Mnyandu)

Content Provided by

Reuters

Reuters
Reuters is the largest international news agency -- providing professionals around the world with stories that move the markets.

DISCLAIMER:
(c) Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

Comments

Become a member and get 6 free Forex courses by OTA!

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a2ce5364' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?zoneid=46&n=a2ce5364' border='0' alt='' /></a>

Webinar

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a2ce5364' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?zoneid=46&n=a2ce5364' border='0' alt='' /></a>

	Weekly Analysis		Forex Lessons
	Site Updates

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a2ce5364' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?zoneid=46&n=a2ce5364' border='0' alt='' /></a>

Special Offers:

<a href='http://cads.forexpros.comwww/delivery/ck.php?n=a4434995' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=192&what=bannerid:351&n=a4434995' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=a88fc306' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=108&n=a88fc306' border='0' alt='' /></a>

<a href='http://cads.forexpros.com/www/delivery/ck.php?n=adef65d6' target='_blank'><img src='http://cads.forexpros.com/www/delivery/avw.php?campaignid=98&n=adef65d6' border='0' alt='' /></a>

Browse The Entire ForexPros.com Site:

News

Charts

Quotes

Forex To Go

Forex Analysis

Languages

Forex Brokers

Fund Managers

Forex Trading Software

Education

Trading Tools

2007 Fusion Media Limited. All Rights Reserved About Us | Advertise | Affiliate Program | Link To Us | Webmaster Tools | Write to us | Contact Us
Risk Warning | Terms And Conditions | Privacy Policy

Risk Disclosure: Trading on margin involves high risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you before deciding to trade you should carefully consideryour investment objectives, level of experience, and risk apetite. There is always a relationship between high reward and high risk. Any type of market or trade speculation that can yield an unusually high return on investment is subjected to unusually high risk.