Tuesday, 18 November 2008

U.S. STOCK FUTURES GYRATE AFTER HEWLETT-PACKARD EARNINGS BEAT

U.S. stock futures on Tuesday pointed to a mixed start, with cheer over technology giant Hewlett-Packard Co.'s growing profit helping offset ongoing evidence of the economy's deterioration.

Nov. 18 (Bloomberg) -- U.S. stock-index futures swung between gains and losses as better-than-estimated earnings at Hewlett-Packard Co. and Home Depot Inc. offset concern profits will be dragged lower amid a recession."

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