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U.S. stock futures declined, as a German government spokesman damped expectations for a swift resolution to Europe’s debt crisis and a report showed New York- area manufacturing shrank more than forecast.
Germany said European Union leaders won’t provide the complete fix to the euro-area debt crisis that global policy makers are pushing for at an Oct. 23 summit. Group of 20 finance ministers and central bankers concluded weekend talks in Paris endorsing parts of an emerging plan to avoid a Greek default, bolster banks and curb contagion.
- Citigroup: Q3 EPS of $1.23 beats by $0.42. Revenue of $20.8B (flat Y/Y) beats by $1.2B. Shares +2.4% premarket.
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