Thursday, January 10, 2008

Futures drop after Capital One warning (Reuters)



Trader James Kruse looks at the board on the New York Stock Exchange trading floor. The recession camp got bigger Wednesday as Goldman Sachs became the latest Wall Street firm to join those arguing that an economic downturn is already here or will arrive soon.(AFP/File/Timothy A Clary)Reuters - Stock futures dropped on Thursday as a
profit warning from Capital One Financial Corp , a
credit card issuer and banking company, fueled concerns about
the impact of the credit crisis and fallout from the housing
slump.




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