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Premarket: Stability returns to global markets Add to ...

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North American markets are unlikely to see major moves as trading gets underway this morning, as investors await for more testimony from U.S. Federal Reserve chairman Ben Bernanke and any further news on possible U.S. spending cuts set to take hold on Friday.

U.S. stock index futures are slightly positive this morning and overseas markets are generally higher. But moves are rather subdued and not enough to mark a significant retracement from Tuesday's losses, which were prompted by renewed European debt concerns after the Italian election produced a hung government. 

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