Before the bell: S&P futures +0.71%, Nasdaq futures +0.56%

Market news

17 April 2012

Before the bell: S&P futures +0.71%, Nasdaq futures +0.56%

U.S. stock-index futures maintained gains even after housing starts unexpectedly declined as declines in Spanish and Italian bond yields eased concern about Europe’s debt crisis.

Global Stocks:

Nikkei 9,464.71 -5.93 -0.06%

Hang Seng 20,562.31 -48.33 -0.23%

Shanghai Composite 2,334.98 -22.04 -0.94%

FTSE 5,727.71 +61.43 +1.08%

CAC 3,261.42 +56.14 +1.75%

DAX 6,721.49 +96.30 +1.45%

Crude oil: $104.17 (+1.20%).

Gold: $1653.60 (+0.24%).

US Stocks open: Dow 13,044.02 +122.61 +0.95%, Nasdaq 3,012.25 +23.85 +0.80%, S&P 1,380.36 +10.79 +0.79%

Company news: Johnson & Johnson (JNJ) Q1 EPS of $1.41 vs cons. $1.34. Revenue of $16.1B (0.0% Y/Y) vs cons. $15.975B. Shares of JNJ +0.66% premarket.

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