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Stock futures mixed as Japanese costs increase

Stock futures mixed as Japanese costs increase

Stocks appear headed for a mixed opening as investors weigh higher than expected rebuilding costs in Japan.
The Japanese government announced that it estimated the damage from the recent earthquake and tsunami at more than $300 billion. Japanese companies such as Toyota and Honda have suspended production at some plants.
In the U.S., investors will get a reading on the sales of new single family homes in February. Economists have estimated a small increase from January, but are expecting that sales are still far below what is considered a healthy market.
Before the opening bell, Dow Jones industrial average futures are up less than a point to 11,955. S&P 500 futures are down 1 to 1,287. Nasdaq 100 futures are down 7, or 0.3 percent, to 2,250.


Updated : 2021-09-21 17:28 GMT+08:00