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Parasnand Madho
15 Dec, 2011 | 08:49 AM
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Ahead of the Bell: Dow futures are trading up 70 points and S&P futures are trading up 8 points after losing more than 3% so far this week, the market is following Europe’s lead higher as indexes and the euro both show strength.  Weighing on sentiment, however, China reported factory output shrank again in December, after new orders fell, adding to fears that manufacturing is slowing and credit conditions are tightening.  German manufacturing activity contracted for a third straight month in December, contributing to the sovereign debt crisis in Europe ...