RTS Futures Decline on Economy Concern: Russia Overnight
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Russian stock futures fell and an index of companies traded in the U.S. pared a weekly decline as investors weighed the prospects for monetary stimulus to be extended with economic data pointing to a slowdown.
Contracts on Moscow’s dollar-denominated RTS Index due in September slid 0.6 percent to 126,870 in U.S. hours. The Bloomberg Russia-US Equity Index of the most-traded Russian stocks in the U.S. added 0.8 percent to 85.51 June 14, led by OAO GMK Norilsk Nickel, the biggest producer of the metal. CTC Media Inc., the Nasdaq-listed Russian television network, fell.