U.S. stock-index futures rose as investors awaited an election in Greece this weekend.

Moody’s Investors Service yesterday cut Spain’s rating by three steps to Baa3 from A3, citing the nation’s increased debt burden, weakening economy and limited access to capital markets. Moody’s also lowered Cyprus’s bond rating to Ba3 from Ba1.

Claims for jobless benefits unexpectedly climbed by 6,000 to 386,000 in the week ended June 9 from a revised 380,000 the prior week that was more than first estimated, Labor Department figures showed today in Washington.

The consumer-price index declined 0.3%, more than forecast and the biggest drop since December 2008, after no change the prior month, the Labor Department reported today in Washington.

Global Stocks:

Nikkei  8,568.89 -18.95 -0.22%

Hang Seng 18,808.4 -218.12 -1.15%

Shanghai Composite 2,295.95 -22.98 -0.99%

FTSE  5,451.4 -32.41 -0.59%

CAC  3,019.5 -10.54 -0.35%

DAX 6,118.7 -33.79 -0.55%

Crude oil $83.00 (+0.46%)

Gold $1627.60 (+0.51%)