Ahead of the Bell: Dow futures are trading up 61 points and S&P futures are trading up 7.70 points as the markets bounce back from yesterday’s triple digit decline. Investor sentiment was buoyed by a successful Spanish bond sale, although economic data expected later this morning, as well as the FOMC announcement this afternoon could ultimately prove to be the driving forces for today’s markets.
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Markets closed down today though off their intraday lows (DJIA was down as much as 243 pts) on dwindling conviction in the agreement European leaders settled on at last week’s summit.
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