US STOCKS-Futures slip as oil cuts losses, data awaited

Newswire

(Updates to show futures turning negative) NEW YORK, Aug 26 (Reuters) - U.S. stock index futures turned lower on Tuesday, with Wall Street now looking set to add to Monday's drop, as the price of oil cut its earlier losses. Oil, which had earlier fallen more than $2 a barrel, was down just 50 cents. Credit and economic concerns that had driven stocks steeply lower on Monday remained, analysts said. World stocks hit their lowest level in nearly two years, as a worsening German ...

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