Stocks set to rise at the open on economic optimism

U.S. stocks are set to soar at the open fueled by economic optimism after Germany and France unexpectedly returned to growth and the whole eurozone area barely contracted in the second quarter. This only helped already positive sentiment that followed the Federal Reserve statement on the "leveling out" U.S. economy yesterday. Of course, stronger-than-expected earnings from Wal-Mart (WMT) didn't hurt either.

Update: following a surprise decline in retail sales, futures tempered their climb.

More here: Before the bell: Stock futures significantly higher on economic optimism
Read Full Story

Markets

NASDAQ 6,875.08 35.00 0.51%
S&P 500 2,659.99 8.49 0.32%
DJIA 24,386.03 56.87 0.23%
NIKKEI 225 22,866.17 -72.56 -0.32%
HANG SENG 28,793.88 -171.41 -0.59%
DAX 13,129.69 6.04 0.05%
USD (per EUR) 1.18 0.00 -0.02%
USD (per CHF) 0.99 0.00 -0.08%
JPY (per USD) 113.48 -0.06 -0.05%
GBP (per USD) 1.33 0.00 -0.16%

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.