Bloomberg News

U.S. Stock Futures Pare Gains as Trichet Sees ‘Downside Risks’

October 06, 2011

Oct. 6 (Bloomberg) -- U.S. stock futures pared gains after European Central Bank President Jean-Claude Trichet said the euro-area economy faces “intensified downside risks.”

Standard & Poor’s 500 futures expiring in December rose 0.2 percent to 1,137.7 at 8:55 a.m. New York time, after climbing as much as 1.2 percent earlier.

To contact the editor responsible for this story: Jeff Sutherland at jsutherlan13@bloomberg.net


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