Soft Data May Quell Euro Optimism The major U.S. index futures are pointing to a lower opening on Monday, with sentiment gradually deteriorating after being buoyant earlier in the Asian session. The release of a regional survey showing continued contraction in manufacturing activity has stirred up the hornet's nest of a double-dip recession. Meanwhile, industrial production rose in line with expectations, with manufacturing output rising 0.4 percent. (Oct 17, 2011) Full Article |