US STOCKS-Futures subdued as Walt Disney results fail to excite investors

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Jun 17, 2007
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Futures tracking U.S. stock indexes were largely muted after Walt Disney slipped following second-quarter results, while expectations of the Federal Reserve's interest rate cuts this year lent support to the market. Walt Disney fell 6.2% in premarket trading, as a surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office.
 
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