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Business

  • World Cup defeat hurts stocks
    Argentina and Germany face off in the World Cup final on Sunday and investors in both countries will do well to be alert to potential drops on their stock markets the day after in case of defeat.
  • Big Tobacco companies in merger talks
    Big Tobacco may soon get smaller. The makers of Camel and Newport cigarettes said Friday they are in talks to combine two of the nation’s oldest tobacco companies. A deal between Reynolds American Inc.
  • Jobs coming to Kosciusko
    Kosciusko County will be getting a boost to its employment base after a business requested a $22 million tax abatement this week for new equipment.
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U.S. stock futures tick higher on Black Friday

NEW YORK (AP) — U.S. stock futures are ticking higher on Black Friday, the unofficial start of the holiday shopping season.

Retail is a key chunk of the U.S. economy — consumer spending accounts for about 70 percent of it. Shopping trends on Black Friday may signal consumers' appetite for spending over the next few weeks. November and December, which can account for as much as 40 percent of a retailer's annual revenue, are crucial for stores.

Dow Jones industrial futures are up 22 points to 12,822. The broader S&P futures are rising 2.1 points to 1290.40, while Nasdaq futures are up 8 points to 2,604.

Wall Street closes early on the Friday after Thanksgiving, at 1 p.m. EST.

European futures are mixed, while Asian futures closed higher.

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