U.S. Index Futures Rise After S&P 500’s Biggest 2014 GainTrista Kelley
U.S. stock-index futures rallied, indicating the Standard & Poor’s 500 Index will rise for a second day after jumping the most in a year.
Futures on the S&P 500 expiring in December added 0.3 percent to 1,967.9 at 9:08 a.m. in London. The Federal Reserve’s hint that interest rates will stay near zero sent investors rushing back to the stock market. Dow Jones Industrial Average contracts added 44 points, or 0.3 percent, to 16,947 today.
Alcoa Inc. climbed 3.6 percent in German trading after reporting its highest earnings in three years.
Gap Inc. lost 6.1 percent after the retailer said it will replace Chief Executive Officer Glenn Murphy and posting lower-than-estimated sales in September.