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  • Futures point to lower open on Wall Street; AIG eyed

    03/02/2009 2:19:27 AM PST · by TigerLikesRooster · 26 replies · 664+ views
    Reuters ^ | 03/02/09
    Futures point to lower open on Wall Street; AIG eyed Mon Mar 2, 2009 5:11am EST * Stock index futures pointed to a lower open for Wall Street on Monday, extending recent losses. * At 0956 GMT, futures for the Dow Jones DJc1, S&P 500 SPc1 and Nasdaq NDc1 were between 1.4 and 1.5 percent lower. * Insurer AIG (AIG.N: Quote, Profile, Research, Stock Buzz) set to take a $30 billion lifeline from the U.S. government in a package includes more lenient terms on an existing government investment in its preferred shares. AIG expected to post a fourth quarter loss...