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Stock futures narrowly mixed ahead of opening

The Columbian
Published: June 9, 2010, 12:00am

NEW YORK (AP) — Stock futures are trading in a narrow range as investors remain cautious about whether the economy will continue to show signs of growth.

Federal Reserve Chairman Ben Bernanke is likely to reiterate comments in testimony Wednesday that the economy is improving, albeit slowly.

A report is expected to show wholesale inventories rose for the fourth straight month, while sales likely climbed for the 13th straight month in April. But, economists forecast sales slowed sharply from March levels.

Dow Jones industrial average futures are up 2, or less than 0.1 percent, at 9,916. Standard & Poor’s 500 index futures are up 0.10, or less than 0.1 percent, at 1,059.30, while Nasdaq 100 index futures are down 6.50, or 0.4 percent, at 1,785.00.

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