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S 500 Index Futures Edge Lower

wochit business
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November 12, 2013 AT 5:26 AM
Stock index futures fell on Tuesday, a day after the Dow ended at a record high as investors shifted focus to how soon the Federal Reserve may begin reducing stimulus. Speculation that the Fed could soon begin to taper its $85 billion-a-month in bond buying has grown since last week's surprisingly strong U.S. jobs data, causing a sharp rise in U.S. Treasury yields.