US STOCKS-Futures fall; oil, upcoming data weigh

Newswire

(Updates prices) By Ellis Mnyandu NEW YORK, Sept 28 (Reuters) - U.S. stock futures dropped on Friday as oil prices hovered near record highs and investors turned cautious before economic reports that could provide clues about the outlook for interest rates and profits. Former Federal Reserve Chairman Alan Greenspan added to the jittery mood when he told BBC radio the risk of a recession has grown but was still less than 50/50. "We have oil hitting $83 a barrel overseas last night and ...

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