BLBG:U.S. Stock Futures Rise With Commodities as Euro Climbs
U.S. stock-index futures advanced as equity markets prepared to resume trading for the first time this week after Hurricane Sandy. European shares rose on better- than-estimate earnings from airlines, the euro strengthened and gasoline climbed to a two-week high.
Standard & Poor’s 500 Index futures increased 0.6 percent from last week’s close as of 7:39 a.m. in New York. The Stoxx Europe 600 Index jumped 0.3 percent as Air France-KLM Group and Deutsche Lufthansa AG, Europe’s two biggest carriers, rallied more than 6.5 percent. The euro appreciated against 13 of its 16 major peers and Norway’s krone rallied after the central bank said it won’t buy foreign currency for the oil fund in November. Treasuries fell, pushing the 10-year yield two basis points higher to 1.74 percent. Gasoline rose 3.5 percent.
U.S. stock-index futures advanced as equity markets prepared to resume trading for the first time this week after Hurricane Sandy. European shares rose on better- than-estimate earnings from airlines, the euro strengthened and gasoline climbed to a two-week high.
Standard & Poor’s 500 Index futures increased 0.6 percent from last week’s close as of 7:39 a.m. in New York. The Stoxx Europe 600 Index jumped 0.3 percent as Air France-KLM Group and Deutsche Lufthansa AG, Europe’s two biggest carriers, rallied more than 6.5 percent. The euro appreciated against 13 of its 16 major peers and Norway’s krone rallied after the central bank said it won’t buy foreign currency for the oil fund in November. Treasuries fell, pushing the 10-year yield two basis points higher to 1.74 percent. Gasoline rose 3.5 percent.
