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Morning Movers: JC Penney Plummets on Earnings, Nektar Drops as Stocks Slip

It's one step forward, one step back for the stock market this week, as the Dow Jones Industrial Average and other major indexes look set to follow yesterday's gains with losses. S&P 500 futures have fallen 0.2%, while Dow Jones Industrial Average futures have declined 40 points, or 0.2%. Nasdaq Composite futures have dropped 0.5%.