Wall Street Seen Lower on Turkey Blasts

[Socialist Christian]

http://story.news.yahoo.com/news?tmpl=story&cid=568&ncid=749&e=1&u=/nm/20031120/bs_nm/markets_europe_stocks_us_dc


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LONDON (Reuters) - Wall Street was expected to open much lower on Thursday as geopolitical uncertainty re-emerged after explosions rocked Turkey's capital city of Istanbul and ahead of a key earnings report from Walt Disney

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"It's bad news coming on top of what happened earlier this week and it raises the uncertainty and the risk premium for equity markets," said Adolf Rosenstock at Nomura International.


By 1030 GMT, U.S. equity index futures signaled a drop of around 0.7 percent for major benchmark indices, after Wall Street closed up on Wednesday.