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Summary US stock futures falling ahead of what is expected to be another positive employment report.
US stock futures are falling, with unease about Europe overshadowing what is expected to be another positive US employment report and big numbers from the worlds largest retailer.Dow Jones industrial average futures are down 32 points to 12,542. Standard & Poors 500 futures are down 4.9 points to 1,317.5. Nasdaq composite futures are sliding 10.75 points to 2,546.75.Economists forecast that weekly applications for U.S. unemployment benefits fell by 2,000 to a seasonally adjusted 365,000, according to a survey by FactSet. The Labor Department will release the report at 8:30 a.m. Eastern time (1330 GMT) Thursday.Still, economic uncertainty is prompting continued caution from consumers, and a heightened emphasis on bargains from Wal-Mart Stores Inc. is paying off. The company is posting a 10.1 percent jump in first-quarter profit.
