Before the bell: S&P futures +0.67%, Nasdaq futures +0.76%

Market news

7 June 2012

Before the bell: S&P futures +0.67%, Nasdaq futures +0.76%

U.S. stock futures rose as China cut interest rates for the first time since 2008 to bolster growth in the world’s second-largest economy.

Global Stocks:

Nikkei 8,639.72 +106.19 +1.24%

Hang Seng 18,678.29 +157.76 +0.85%

Shanghai Composite 2,293.13 -16.43 -0.71%

FTSE 5,462.51 +78.40 +1.46%

CAC 3,087.64 +29.20 +0.95%

DAX 6,181.28 +87.29 +1.43%

Crude oil $86.51 (+1.75%)

Gold $1624.70 (-0.58%)

US Stocks open: Dow 12,527.56 +112.77 +0.91%, Nasdaq 2,872.87 +28.15 +0.99%, S&P 1,325.84 +10.71 +0.81%

European session:

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