Before the bell: S&P futures +1.03%, Nasdaq futures +1.48%

Market news

31 October 2014

Before the bell: S&P futures +1.03%, Nasdaq futures +1.48%

U.S. stock futures declined, as data showing faster-than-estimated growth last quarter fueled speculation the economy is be strong enough for the Federal Reserve to raise interest rates sooner than estimated.

Global markets:

Nikkei 16,413.76 +755.56 +4.83%

Hang Seng 23,998.06 +296.02 +1.25%

Shanghai Composite 2,420.18 +29.10 +1.22%

FTSE 6,532.56 +69.01 +1.07%

CAC 4,234.09 +92.85 +2.24%

DAX 9,298.45 +183.61 +2.01%

Crude oil $79.95 (-1.43%)

Gold $1164.70 (-2.80%)

U.S. Stocks open: Dow 17,311.65 +116.23 +0.68%, Nasdaq 4,631.82 +65.68 +1.44%, S&P 2,013.76 +19.11 +0.96%

Foreign exchange market. European session: the U.S. dollar traded mixed to higher against the most major currencies ahead of the Chicago purchasing managers' index and final Reuters/Michigan Consumer Sentiment Index

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