• Before the bell: S&P futures +0.3%, Nasdaq futures +0.2%

Market news

21 February 2012

Before the bell: S&P futures +0.3%, Nasdaq futures +0.2%

 

U.S. stock-index futures advanced, paring earlier gains, on concern that Greece’s debt crisis will persist even after a second international bailout. European finance ministers approved 130 billion euros ($173 billion) in aid for Greece by tapping into European Central Bank profits and coaxing investors into providing more debt relief to shield the region from a default. Greece’s debt may still balloon to 160 percent of gross domestic product in a worst-case scenario, analysis by the International Monetary Fund and European officials indicated. Global Stocks:

Nikkei  9,463.02 -22.07 -0.23%

Hang Seng 21,478.72 +53.93 +0.25%

FTSE  5,929.59 -15.66 -0.26%

CAC  3,454.35 -18.19 -0.52%

DAX 6,903.75 -44.50 -0.64%

Crude oil $105.05 (+1,8%).

Gold $1748.00 (+1,3%).

 

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