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NEW YORK (CNNMoney) — U.S. stocks headed for a second day of losses Tuesday, as eurozone debt crisis fears continued to hang over the market.

The Dow Jones industrial average (INDU), SP 500 (SPX) and Nasdaq (COMP) futures were lower ahead of the opening bell Tuesday morning. Stock futures indicate the possible direction of the markets when they open at 9:30 a.m. ET.

French, Spanish and Italian bond yields edged higher early Tuesday, following a gross domestic product report out of the eurozone indicating limited growth in the third quarter.

Investors have been keeping a close eye on Italian bond yields, after a €3 billion auction of 5-year bonds generated decent demand Monday. Yields on both the 5-year and 10-year bonds still remain above 6.5%.

Last week, the 10-year Italian yield spiked to a record high above 7% — a level that eventually led to bailouts for Greece, Portugal and Ireland.

“Given sovereign bond yields are creeping back up again across the eurozone, and preliminary third-quarter GDP numbers from France and Germany reporting in-line with expectations — any upside for the equity market is likely to be capped,” said Manoj Ladwa, senior trader at ETX Capital.

U.S. stocks slid Monday, as investors grew wary over whether political transitions in Greece and Italy will help resolve Europe’s debt crisis.

Europe: New leaders, same crisis

Former European Union commissioner Mario Monti was nominated to lead Italy and is scheduled to be sworn in Tuesday. Meanwhile, Greece swore in a new prime minister, Lucas Papademos, last Friday.

But even with these new leadership changes, Europe’s debt crisis is far from over, and investors will remain on edge until there is a more clear road to recovery.

World markets: European stocks tumbled in morning trading. Britain’s FTSE 100 (UKX) dropped 1.1%, the DAX (DAX) in Germany stumbled 1.8% and France’s CAC 40 (CAC40) fell 1.4%.

A report early Tuesday showed a 0.2% rate of growth for the countries in the eurozone in the third quarter, which was in line with expectations. That was also the same rate of growth reported in the previous quarter.

Asian markets ended mixed. The Shanghai Composite (SHCOMP) finished barely above breakeven, the Hang Seng (HSI) in Hong Kong lost 0.8% and Japan’s Nikkei (N225) slipped 0.7%.

Why the United States is not Italy

Economy: The government will release monthly data on producer prices and retail sales Tuesday morning.

Analysts surveyed by Briefing.com expect producer prices to have dropped by 0.2% for the month of October, after a 0.8% increase in September. Retail sales for October are expected to increase 0.4%, following a 1.1% increase in September.

Companies: Companies including Dick’s Sporting Goods (DKS, Fortune 500) and office-supply chain Staples (SPLS, Fortune 500) will release their quarterly results before the opening bell on Tuesday.

Currencies and commodities: The dollar gained strength against the euro and the British pound, but fell versus the Japanese yen.

Oil for December delivery slipped 23 cents to $97.91 a barrel.

Gold futures for December delivery fell $14.20 to $1,764.20 an ounce.

Bonds: The price on the benchmark 10-year U.S. Treasury edged higher, pushing the yield down to 2.02 from 2.04% late Monday.  To top of page

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