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U.S. Stock Futures Advance After Buffett Invests in Bank of America Shares

U.S. stock futures rose, indicating the Standard & Poor’s 500 Index will advance a fourth straight day, after Warren Buffett’s Berkshire Hathaway Inc. agreed to invest in Bank of America Corp. (BAC)

S&P 500 futures expiring in September climbed 0.8 percent to 1,181.30 at 9:13 a.m. in New York. Nasdaq-100 Index futures added less than 0.1 percent, reversing a 1.2 percent drop driven by Steve Jobs resigning as chief executive officer of Apple Inc.

Bank of America shares rose 23 percent to $8.60.

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To contact the editor responsible for this story: Nick Baker at

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