Posted On: 02/03/2015 7:56:19 AM
Post# of 63740
Futures higher as oil jumps, Europe rallies on Greek news
MADRID (MarketWatch) — U.S. stock futures pushed higher early Tuesday, tracking strong gains in Europe that followed encouraging Greek news, as oil prices rose again.
But factory-order data due later could show a slowdown in activity, which could introduce more volatility and uncertainty about the Federal Reserve’s interest-rate plans.
Outside of Europe, Australia stocks hit a seven-year high after the Reserve Bank of Australia surprised markets by cutting rates to a record low in light of an economic slowdown in that country.
MADRID (MarketWatch) — U.S. stock futures pushed higher early Tuesday, tracking strong gains in Europe that followed encouraging Greek news, as oil prices rose again.
But factory-order data due later could show a slowdown in activity, which could introduce more volatility and uncertainty about the Federal Reserve’s interest-rate plans.
Outside of Europe, Australia stocks hit a seven-year high after the Reserve Bank of Australia surprised markets by cutting rates to a record low in light of an economic slowdown in that country.
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