Benzinga Market Primer Friday, August 16
August 16, 2013 at 06:48 AM EDT
Futures Higher After Tapering Sell-Off U.S. equity futures rose in early Friday trade after a sell-off on Thursday driven by fears that the Federal Reserve will begin reeling in its asset purchases in September. Also, weak sales guidance from Cisco (NASDAQ: CSCO ) and Wal-Mart (NYSE: WMT ) weighed