REUTERS (UK)…..U.S. STOCKS-Wall St to open lower after Draghi remarks…Schoenberger quoted
August 2, 2012 Leave a Comment
* Knight Capital needs capital raise; shares plunge
* Retailers posting monthly sales
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* Futures down: Dow 112 pts, S&P 13.3 pts, Nasdaq 21 pts (Adds ECB rate announcement, updates prices)
NEW YORK, Aug 2 (Reuters) – U.S. stocks were set for a lower open on Thursday following a volatile premarket session which saw futures swing between gains and losses after comments from ECB President Mario Draghi disappointed investors.
After the ECB kept the main interest rate at 0.75 percent, Draghi said a mechanism will be drawn up the coming weeks to make outright purchases to stabilize stressed euro zone borrowing costs, within the mandate of the governing council.