U.S. stock futures pointed to a weak opening Thursday after prior session’s strong rally on bargain-hunting. Market sentiment was hurt by growing uncertainty about how soon the Fed may cut interest rates. However, indexes pared losses after data showed that economy continued to grow in Q2 despite the subprime home-loan crisis. The Commerce Department said that U.S. economy grew at a 4% annual real growth rate, led by trade and business investment. |
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