Tuesday, January 31, 2012

Stock futures rise after Europe debt auctions

Traders work on the floor of the New York Stock Exchange at the end of the trading day in New YorkNEW YORK (Reuters) - Stock index futures rose on Thursday after well-received European sovereign debt auctions encouraged investors ahead of job market and retail sales data expected to show the U.S. economy is steadily recovering. * Italian and Spanish government bond yields fell sharply after strong auctions were taken as an encouraging sign in their 2012 funding quest. * S&P 500 futures hit fresh 5-month highs after the auctions as investors awaited an interest rate decision from the European Central Bank. The ECB was seen taking a breather this month after back-to-back interest rate cuts. ...


No comments: