Stock futures are up ahead of the open of the year’s last full trading week.
Falling in premarket are shares of Dollar Tree Inc. (DLTR), down more than 3.5%.
Shares of Spectra Energy (SE),�Dow Chemical�(DOW) and Sprint Nextel�(S) are all rising, up about 2%.
Sprint was climbing after news that its improved $2.97-a-share bid for Clearwire Corp. (CLWR) had been approved by Clearwire’s board. Shares of Clearwire are falling 9% right now, to $3.08.
Weatherford International‘s (WFT) stock is up nearly 4% after the submitted amended filings for previous periods as it tries to clear up�previously-admitted accounting errors.
Shares of American International Group (AIG) are up 1.5% after it said it will sell its stake in AIA Group in a move that should raise about $6.5 billion.
In macro news, the Fed’s New York general economic index fell for its fifth straight month�in December, and declined by more than economists’ expected.
Some good reads to set you up for the week:
Forecast is sunnier, but Washington casts a big shadow: “The American economy could finally have a pretty good year next year � assuming Washington does its part.” (NYT)
Change beckons for central banking: “Across the world, a time of radicalism and change beckons for the now not-so-staid world of central banking.” (MarketWatch)
Moody’s gets no respect as bonds shun 56% of country ratings: “The global�bond market�disagreed with Moody�s Investors Service and Standard & Poor�s more often than not this year when the companies told investors that governments were becoming safer or more risky.” (Bloomberg)
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