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Monday March 22, 06:46
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U.S. Stock-Index Futures Slide
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U.S. stock-index futures slid on concern that Israel's killing of a leader of the Palestinian Islamic group Hamas may prompt retaliatory attacks against American targets.
S&P 500 futures expiring in June dropped 7.60 to 1099.70. Dow Jones Industrial Average futures sank 64 to 10,090 and Nasdaq-100 Index futures declined 13 to 1387.
Sheikh Ahmed Yassin, the spiritual leader of Hamas, which calls for Israel's destruction, was killed by Israeli forces today in the Gaza Strip, the army said. The Islamic group said the U.S. ``must take responsibility'' for the attack. Benchmarks reached lows for the year last week as a possible link between the March 11 strike in Madrid and al-Qaeda was established.
Intel lost 33 cents to $26.16 and Boeing, the second-biggest planemaker, shed 5 cents to $38.38.
U.S. shares of Israeli companies declined. Gilat Satellite Networks Ltd., a maker of satellite-network equipment, dropped 66 cents to $8.74. Teva Phamaceutical Industries Ltd., the world's biggest generic-drug maker by sales, slid 33 cents to $62.66.
Microsoft Corp. lost 19 cents to $24.44. European Union regulators met in Brussels today to decide how much to fine the company for breaching antitrust rules.
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