|Page (1) of 1 - 06/15/12||email article||print page|
US stock futures rise as Europe maneuvers to avoid crisis after Greek elections
NEW YORK (AP) ' U.S. stock futures are rising after a volatile week with talk concerted action by major central banks to head off a crisis in Europe.
Dow Jones industrial average futures are up 37 points to 12,643. Standard & Poor's 500 futures are rising 2.8 points to 1,329. Nasdaq composite futures are up 6.75 points to 2,541.75.
One report has central banks standing by to pump more money into the European financial system after national elections in Greece. Economists are watching political events in Athens closely, as they may determine if the country remains within 17-nation economic pact.
Late Thursday, the U.K. government and Bank of England announced an economic shield of up to $217 billion to insulate the country's financial system should things deteriorate in Europe.