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

Market news

8 March 2012

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

U.S. stock futures rose as Greece moved closer to completing its debt swap.

The number of Americans filing claims for jobless benefits rose to 362,000 last week. The Labor Department will report monthly jobs data tomorrow, which economists forecast will show an increase of 225,000 private jobs and total non-farm payrolls growth of 208,000.

Global stocks:

Nikkei 9,768.96 +192.90 +2.01%

Hang Seng 20,900.73 +272.95 +1.32%

Shanghai Composite 2,420.28 +25.48 +1.06%

FTSE 5,860.22 +68.81 +1.19%

CAC 3,450.86 +58.53 +1.73%

DAX 6,787.5 +116.39 +1.74%

Crude oil $106.54 (+0,4%).

Gold $1695.70 (+0,7%).

US Stocks open: Dow 12,885.09 +47.76 +0.37%, Nasdaq 2,955.16 +19.47 +0.66%, S&P 1,359.88 +7.25 +0.54%

Jefferies continues to forecast +230K private payrolls.

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