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Stock Futures Rally on Earnings

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WORLD HEADLINES – European stocks jumped and U.S. equity futures climbed as a slew of positive earnings boosted investor sentiment, and after China’s efforts to support its economy spurred higher-risk assets across Asia.

STOCKS – Futures on the S&P 500 Index gained 0.2 percent to the highest in almost six months.

BONDS – Treasuries were steady after yesterday’s sell-off while most European sovereign bonds were fractionally lower.

COMMODITIES – Gold declined less than 0.05 percent to $1,224.18 an ounce.

CURRENCIES – The euro erased most declines as data showed the continent’s biggest economy has so far bucked worries over disruption to trade.

ECONOMIC DATA – U.S. Flash Manufacturing PMI due at 9:45, Richmond Manufacturing Index at 10:00 ET.

COMMODITY FUTURES, OPTIONS, AND FOREX TRADING INVOLVES SUBSTANTIAL RISK AND IS NOT SUITABLE FOR ALL INVESTORS. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
 
 
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