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European, EM Stocks Slide On ECB Taper Concerns; US Futures Flat

With China on holiday for the week, overnight sessions remain quiet: at this moment, S&P500 futures are little changed as European stocks fall for first day in seven, on yesterday's concern that the ECB is moving toward tightening monetary policy; Asian indices rose slightly for third day. WTI climbs to $49.40, the highest since June 30 after yesterday's surprisingly large API crude draw report.
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