Stock Futures Slip As World Bank Cuts Outlook
U.S. stock futures slipped after the World Bank downgraded its forecast for the global economy this year, citing a bitter American winter and the political crisis in Ukraine. In an outlook released late Tuesday, the World Bank said it said it expects the world economy to grow faster — 2.8 percent this year versus 2.4 percent in 2013. But its new estimate is weaker than the 3.2 percent expansion it had predicted in January.
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