Bloomberg News

U.S. Stock-Index Futures Advance; Alcoa Rises, Juniper Retreats

June 02, 2011

June 2 (Bloomberg) -- U.S. stock-index futures climbed, indicating the Standard & Poor’s 500 Index will rebound from its biggest retreat since August, after the selloff left equities trading at their lowest valuations since March.

Alcoa Inc. shares increased in Europe. Juniper Networks Inc. extended yesterday’s slump after its top executive said weakness in the overall economy is affecting performance.

S&P 500 futures contracts expiring in June rose 0.3 percent to 1,316.6 at 11:04 a.m. in London. Dow Jones Industrial Average futures expiring the same month advanced 30 points, or 0.2 percent, to 12,304.

To contact the editor responsible for this story: Will Hadfield at whadfield@bloomberg.net


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