U.S. stock index futures were flat on Wednesday, following a sharp decline in the previous session, as investors looked ahead to a read on GDP expected to show the economy shrank in the first quarter. * A negative read, which largely reflects the impact of harsh winter weather throughout the early months of the year, is likely priced into markets, but other economic indicators could drive trading. * The S&P 500 hit an intraday record in early trading on Tuesday, boosted by some positive economic data, but enthusiasm waned in the final hours of trading as concerns over Iraq returned to the forefront. The Dow posted its biggest daily decline in over a month.
via Business News - Yahoo Finance http://ift.tt/1pNtQov
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