U.S. Stock-Index Futures Erase Loss as Tepper Says He’s Bullish

U.S. stock-index futures erased losses after hedge-fund manager David Tepper said he is still bullish and the economy is getting better.

Futures on the Standard & Poor’s 500 Index rose less than 0.1 percent to 1,631.8 at 7:51 a.m. in New York after falling as much as 0.3 percent earlier. The benchmark gauge of American equities is up 15 percent in 2013 and closed at a record yesterday for the seventh time in eight sessions. Tepper, co-founder and owner of Appaloosa Management, spoke in an interview on CNBC.

To contact the editor responsible for this story: Michael P. Regan at mregan12@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.