Bloomberg News

U.S. Stock Futures Climb; S&P 500 Contract Advances 0.5%

October 20, 2011

Oct. 20 (Bloomberg) -- U.S. stock futures climbed, indicating the Standard & Poor’s 500 Index will pare yesterday’s decline.

EBay Inc. dropped 3.9 percent in German trading after the largest online marketplace forecast sales and profit that missed some analysts’ estimates. American Express Co. may be active after reporting better-than-estimated results.

Futures on the Standard & Poor’s 500 Index expiring in December rose 0.5 percent to 1,212.4 at 5:33 a.m. in New York after the benchmark measure lost 1.3 percent yesterday. Dow Jones Industrial Average futures expiring the same month climbed 52 points, or 0.5 percent, to 11,496.

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


American Apparel's Future
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus