Bloomberg News

S&P 500 Futures Trim Drop as Italian Yields Retreat, Euro Gains

November 17, 2011

Nov. 17 (Bloomberg) -- U.S. stock-index futures trimmed losses as 10-year Italy bond yields retreated below 7 percent and the euro rose against the dollar.

Futures on the Standard & Poor’s 500 Index slipped 0.1 percent to 1,229.2 at 7:59 a.m. in New York after losing as much as 0.8 percent. Ten-year Italian yields lost 11 basis points to 6.90 percent. The euro was up 0.2 percent to $1.3493.

To contact the editor responsible for this story: Michael P. Regan at mregan12@bloomberg.net


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