• Before the bell: S&P futures +0.6%, Nasdaq futures +0.7%

Market news

13 December 2011

Before the bell: S&P futures +0.6%, Nasdaq futures +0.7%

 

 

U.S. stock futures rose before the Federal Reserve meeting statement and as European equities rallied after Spain sold more debt than planned at an auction.

Stock-futures rose even after a report showed that retail sales rose in November at the slowest pace in five months. The Federal Reserve will probably revise its pledge to keep interest rates close to zero through mid-2013 as the need for large scale asset purchases diminishes, according to economists in a Bloomberg News survey.

Crude oil: $98.62 (+0.9%).

 

Gold: $1667,10 (-0,1%).

 

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