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US Futures Fall After Weaker Data #Futures #Fed #Jobless

US Futures fall after weaker data.  After rebounding early this morning, futures began retreating again after a report from the Philadelphia Fed showed that the business outlook in June was well below forecasts.  In other data, weekly jobless claims came in slightly below forecasts at 218k.  European stocks are falling across the board as Italian banks lag.  Asian shares closed mixed, with Chinese markets lagging, as trade news dominates the headlines.

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