US stock futures down 1 pct after overnight rout

By REUTERS
August 9, 2011 05:04

 
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SINGAPORE - US stock futures fell 1 percent and US Treasury futures rose on Tuesday, with investors seeking liquidity and shunning risky assets after a plunge on Wall Street overnight.

US S&P 500 futures expiring for September were down to around 1,101 -- the lowest since September 2010 -- suggesting U.S. stocks are poised for more selling.

US Treasury futures were up 8/32 to 128-27/32 , the highest since December 2008.

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