U.S. Stock-Index Futures Signal S&P 500 to Rally for Fourth DayAlan Soughley
U.S. stock futures rose, signaling the Standard & Poor’s 500 Index will climb a fourth day.
Futures on the S&P 500 expiring in March added 0.2 percent to 2,071.7 at 8:10 a.m. in London. Dow Jones Industrial Average futures increased 47 points, or 0.3 percent, to 17,808 today.
U.S. stocks surged the most last week since October as the Federal Reserve sparked a three-day rally that nearly wiped out two weeks of equity market pain.
The S&P 500 jumped 3.4 percent in the five days, bringing some calm to the market after a seven-day slump erased about $1 trillion of equity value amid sinking crude prices and a worsening of the financial crisis in Russia.