February 06, 2013 at 09:03 AM EST
Futures Dive On Earnings, Dollar; Ralph Lauren Reports Solid Q3
Stock futures fell away from mixed trade into firm losses ahead of Tuesday's open, with earnings news and a rising dollar driving the bulk of the premarket action. Dow futures shifted from flat trade to a 39 point drop. S&P 500 futures backed off five points, while Nasdaq 100 futures dumped 12 points. Biogen (BIIB) popped 4% in premarket action after announcing it would pay $3.25 billion in cash to buy out Elan's (ELN) interest in the multiple
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