U.S. Stock Futures Decline on Fiscal Cliff Concern

U.S. stock futures dropped as concern mounted that the so-called fiscal cliff will harm the economy and as euro area finance ministers and the International Monetary Fund failed to agree on how Greece will repay its debt.
Equity Valuations Lofty, Earnings Lousy: Morganlander
38:59 - Stifel Nicolaus' Chad Morganlander and Bloomberg's Michael Regan discuss the global selloff in stocks with Bloomberg's Pimm Fox on "Taking Stock." (Source: Bloomberg)
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