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.

Should Investors Expect a Dovish Yellen?
16:47 - Jeffrey Gundlach said he expects Federal Reserve Chair Janet Yellen will “be dovish” in an appearance Friday. The chief executive of DoubleLine Capital LP in Los Angeles said the Fed will refrain from raising interest rates in June unless traders in the futures market assign odds of at least 50 percent to the move. Futures contracts currently show a 28 percent probability. Bidding surged at Treasury note auctions this week, suggesting the threat of higher rates isn’t deterring investors. Rmg Wealth Management CIO Stewart Richardson discusses with Bloomberg's Francine Lacqua on "The Pulse."
  • What Did the G-7 Leaders Achieve in Japan?
  • Why GDP Numbers May Put Off June Fed Rate Hike
  • Brexit: Why You'd be 'Nutty' Not to Follow Swiss franc