Thursday, April 19, 2007

US STOCKS-Futures slide on China, jobless data

(Reuters) - NEW YORK, April 19 - U.S. stocks were set for a sharply lower open on Thursday on worries that China may have to raise interest rates to cool off its economy and that jobless claims data suggests weakness in the U.S. labor market.

In company news, Bank of America Corp. said profit fell in the bank's three main business lines. For details see [ID:nN19359518]. In Germany its shares fell 1.6 percent.


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