Donnerstag, 6. November 2008

Futures Steady on Obama's Presidency Win

NEW YORK--Stock index futures were little changed on Tuesday after the U.S. media projected that Democrat Barack Obama had secured enough votes to become the next U.S. president.

S&P 500 futures rose 0.60 points and were above 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 were unchanged, and Nasdaq 100 futures were up 7.25 points.


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