Futures drop on profit concerns (Reuters)

By Pete Southern in Uncategorized | October 10, 2007 14:00 |

A sign above the floor of the New York Stock Exchange October 1, 2007. (Chip East/Reuters)Reuters – Stock futures dropped on Wednesday as investors turned cautious about the outlook for profits after Alcoa Inc's earnings missed estimates and International Paper Co. issued a profit warning.


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Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



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