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Futures narrowly mixed; Euro debt remains a worry

The Columbian
Published: May 6, 2010, 12:00am

NEW YORK (AP) — Stock futures are trading in a narrow range on persistent worries about whether a Greek debt crisis will spread across Europe.

New reports Thursday from the Labor Department showing initial jobless claims in the U.S. fell, while productivity rose again had little effect on trading.

The Labor Department says jobless claims fell to 444,000 last week, worse than the 440,000 forecast by economists.

Productivity rose 3.6 percent in the first quarter, better than the 2.5 percent forecast.

Dow Jones industrial average futures are down 17, or 0.2 percent, at 10,817. Standard & Poor’s 500 index futures are down 1.50, or 0.1 percent, at 1,165.40, while Nasdaq 100 index futures are down 6.50, or 0.3 percent, at 1,952.00.

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