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Reuters: Futures fall after Fed cuts discount rate, Bear deal

Started by chris, March 17, 2008, 03:01:02 AM

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chris

Futures fall after Fed cuts discount rate, Bear deal
      


NEW YORK (Reuters) - Stock index futures fell late on Sunday after JPMorgan Chase  rescued Bear Stearns  and the Federal Reserve took emergency measures to provide cash to big financial firms, intensifying concerns that there could be more casualties in the broadening credit crisis.
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