Tuesday, May 15, 2007

U.S. Stock-Index Futures Gain After Consumer-Price Index Trails Forecast

(Bloomberg) -- U.S. stock-index futures gained after consumer prices rose less than forecast, reinforcing the Federal Reserve's expectation that inflation will abate as the economy slows.

Standard & Poor's 500 Index futures expiring in June added 2.5 to 1511.2 as of 8:41 a.m. in New York. Dow Jones Industrial Average futures advanced 20 to 13,408. Nasdaq-100 Index futures climbed 2.25 to 1898.5.


Read more at Bloomberg Stocks News

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