Tuesday 29 November 2011

Stock futures rise on euro hopes, holiday optimism



Today 2011-11-29: Wall Street is poised for further gains amid ongoing evidence of a strong start to the U.S. holiday shopping season and hopes for a plan to deal with the European debt crisis. Dow futures are up 0.5 percent at 11,555. The broader Standard & Poor's 500 futures are up 0.6 percent at 1,198. Markets overseas were boosted again on Tuesday by hopes that the 17 countries that use the euro will finally come up with a plan to deal with their crushing debt crisis. Italy's borrowing rates shot up Tuesday to above 7

source: wall street

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