Monday, April 23, 2007

U.S. Stock-Index Futures Drop; Texas Instruments, Chevron Fall in Europe

(Bloomberg) -- U.S. stock-index futures declined on speculation earnings may not justify share prices that sent the Dow Jones Industrial Average to a record close.

``Investors who don't believe the market will rise far beyond these highs, and people bearish on the economy are taking profits,'' said Juergen Lukasser, who helps manage $20 billion as head of equities at Constantia Privatbank AG in Vienna.


Read more at Bloomberg Stocks News

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