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Italian election weighs on US stock futures

Investors appear unsettled by signs of further political instability in Europe

Italian election weighs on US stock futures

US stock futures pointed to a weaker open on Monday, as investors appeared unsettled by signs of further political instability in Italy after elections and on lingering trade-war fears, MarketWatchreports.

Dow futures stumbled 113 points, or 0.5%, to 24,423, while S&P 500 futures dropped 16.2 points, or 0.6%, to 2,674.25. Nasdaq 100 futures slid 37.25 points, or 0.6%, to 6,768. Major indexes posted hefty weekly losses, with the Dow industrials tumbling 391 points at one stage on Friday before paring that loss to 70.92 points.

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