“U.S. stock futures rose, signaling the Standard & Poor’s 500 Index may rise for the fourth time this week, led by a rebound in commodities as reports from Germany to Hong Kong boosted confidence in the global recovery.
Exxon Mobil Corp. (XOM) and ConocoPhillips advanced in German trade as crude oil climbed above $100 a barrel. Healthcare companies may rise after JPMorgan Chase & Co. upgraded the industry, citing takeover activity. SunPower Corp. (SPWRA) dropped in Germany after the company forecast earnings that fell short of analysts’ estimates.
S&P 500 futures expiring in June gained 0.1 percent to 1,349.2 at 12:10 p.m. in London. The benchmark gauge yesterday erased earlier losses as commodities rebounded with a weaker dollar. Dow Jones Industrial Average futures rose 0.1 percent to 12,687 today. Nasdaq-100 Index futures also rose 0.1 percent, to 2,409.”
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