“U.S. stock futures rose after German business confidence unexpectedly climbed, signaling the Standard & Poor’s 500 Index will extend its biggest weekly gain in five months as markets open after Thanksgiving.
Best Buy (BBY) Co. added 1 percent in European trading as U.S. retailers hold Black Friday sales. Apple Inc. gained 0.8 percent. Kinder Morgan Energy Partners LP (KMP) advanced 1.9 percent after saying December crude shipments on the Trans Mountain pipeline are oversubscribed by 70 percent.
S&P 500 (SPX) futures expiring in December rose 0.2 percent from the Nov. 21 close to 1,390.4 at 7:24 a.m. in New York. The index has gained 2.3 percent this week, the biggest increase since June 8. Contracts on the Dow Jones Industrial Average advanced 22 points, or 0.2 percent, to 12,822 today.
U.S. equity markets were closed for the Thanksgiving holiday yesterday and will be open for a half day today.”
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