BREAKING NEWS: Wall Street Poised to Slide; Dow Futures Down 100

The markets are set to kick off the week with heavy losses tracking a selloff in many European markets as traders fret over Europe's debt crisis after a key summit last week failed to deliver a concrete solution to stem the region's debt crisis. Dow futures are off 100 points, or 0.8%, while market participants bought safe-haven U.S. government debt, pushing the yield on the 10-year note down to 2.02%.

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