US STOCKS-Futures drop on oil, caution before data

Newswire

By Ellis Mnyandu NEW YORK, Sept 28 (Reuters) - U.S. stock futures fell on Friday as oil prices hovered near record highs and investors turned cautious before economic reports that could shed light on the outlook for interest rates and corporate profits. Adding to the jittery mood, former Federal Reserve Chairman Alan Greenspan said the possibility of a U.S. recession had increased but was still less than 50/50. Also speaking of a possible recession, the chief executive officer of ...

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