U.S. stock futures: Dow -0.1%. S&P, Nasdaq flat-to-lower -12/12/13

World stocks fall on taper concerns

• Global equities are lower as anxiety about Fed tapering cranks up again, especially with Congress set to pass a budget deal.
• Markets are expected to scrutinize retail-sales and weekly jobless data, which are due out this morning, for clues as to what the Fed might do when it meets next week.
• "The jury is still out as to whether the announcement to start the tapering of QE will be made then," says Patrick Latchford of Monex Capital Markets. "Arguably it's the uncertainty that's eating into markets right now."
• Japan -1.1%, Hong Kong -0.5%, China -0.1%, India -1.2%.
• EU Stoxx 50 -0.4%, London -0.6%, Paris -0.2%, Frankfurt -0.5%, Milan -0.65%, Madrid -0.4%.
• U.S. stock futures: Dow -0.1%. S&P, Nasdaq flat-to-lower.

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