Monday, June 11, 2012

US Stock Futures Rally As Investors Cheer Spain's Bailout Request


U.S. stock futures extended a global rally as investors cheered Spain's agreement to seek bailout funds for its troubled banks.
Dow Jones Industrial Average futures gained 56 points, or 0.4%, to 12559, but had been up as much as 169 points earlier in the session. The Dow climbed 435.63 points, or 3.6% last week, the largest weekly gain of the year.

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