RegMed sector, lower open expected


Stock futures drift lower before housing data and Fed meeting

U.S. stocks fall for a 2nd session as Europe’s efforts to get a handle on a rescue of Cyprus provide enough uncertainty for a much-anticipated retreat on Wall Street.

Aastrom (ASTM) quarterly net loss was almost double of the FY11 period while the net loss for FY12 jumped from $19.7 M to $33.5 M. So the question is … if clinical data is the butterfly … are increasing burn rates released from earnings announcements – the pesticide as share pricing … drops?

DOW futures are DOWN -0.1% while NASDAQ futures are also DOWN -0.1%%.

European stock markets mostly extend losses on Tuesday, while Asia stocks move mostly higher to take back some losses made the previous day.


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