Futures drift amid economic uneaseStocks may be in for a volatile session with no major economic readings on deck; overseas markets tumble.LONDON (CNNMoney.com) -- U.S. stocks looked set for another rocky session Friday as investors remained wary of the slowing economy and crude prices pulled back further. At 5:20 a.m. ET, Nasdaq and S&P futures were mixed, with a comparison to fair value suggesting a flat to positive start for Wall Street. Stocks sank Thursday after a weak report on regional manufacturing revived recession fears. With no major economic readings due to be released Friday, investors may remain uneasy. Oil prices fell further from the all-time highs they hit earlier this week, which could put the energy stocks under pressure. A barrel of light, sweet crude for April delivery lost 28 cents to $97.95 in early electronic trading. In global trade, Asian markets tumbled. European shares also fell in morning trading. |
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