US futures head higher with polls opening

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Associated Press

Posted on November 6, 2012 at 8:02 AM

Updated Tuesday, Nov 6 at 10:02 AM

NEW YORK (AP) — Stock futures are heading higher in light trading with polls opening on the East Coast.

Dow Jones industrial futures are up 38 points to 13,091. The broader S&P futures have tacked on 4.4 points to 1,416.40. Nasdaq futures are up 11.5 points to 2,673.75.

Tuesday, for a second day in a row, many investors remain on the sidelines with the presidential contest so close.

One of the bigger companies posting earnings is CVS Caremark. The drugstore operator and pharmacy benefits manager topped Wall Street expectations and boosted its outlook.

A big decliner in premarket trading is Express Scripts, also a pharmacy benefits manager, which late Monday gave a cautious economic outlook even though it had a strong third quarter. Shares are down 13 percent before the opening bell.

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