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Roadmap to Thursday's Markets

Thursday, 14 Jun 2012 | 9:00 AM ET

The "Squawk on the Street" news team reports on the market-moving stories of the day, including Spanish bond yields hitting 7%, after two downgrades; Nokia's plans to cut as many as 10,000 jobs, after cutting its earnings outlook; and a look at Ron Johnson's performance, a year after he was named JC Penney's CEO.