Stock futures lower amid recession worries

The stock market headed for another pullback Monday as investors around the world grow pessimistic about the economic recovery. U.S. stock futures are down sharply, following the lead of falling stock markets around the world and also extending their losses from last week. Stock investors are taking their cues from the tumbling price of oil, which has dropped to below $64 a barrel on the growing belief that the economy won’t be strong enough to lift demand as much as…

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Filed Under: Business News

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