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Monday, October 15, 2012

Futures higher, Citigroup results on tap

Traders work on the floor of the New York Stock Exchange at the opening of the trading session in New YorkNEW YORK (Reuters) - Stock index futures rose on Monday, tracking European shares higher on hopes Spain would soon request a bailout. Equities are coming off their worst week since June, caused mainly by a discouraging start to the U.S. earnings season, especially by banks. That group will be in focus Monday with results from Citigroup Inc . Spain could ask for financial aid from the euro zone next month, euro zone officials said, and if it does, the request would likely be dealt with alongside a revised loan program for Greece and a bailout for Cyprus in one big package. ...



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