U.S. stock-index futures pared losses amid a surge in Spain’s borrowing costs and optimism Greece won’t leave the euro area after pro-bailout parties won the national elections.

Standard & Poor’s 500 Index futures expiring in September dropped 0.1 percent to 1,336 at 11:18 a.m. in London, after rising as much as 0.7 percent and declining as much as 0.6 percent. Dow Jones Industrial Average futures declined 20 points, or 0.2 percent, to 12,690.

To contact the reporter on this story: Namitha Jagadeesh in London at njagadeesh@bloomberg.net

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net