Sep
06
U.S. Index Futures Climb as China Stock Gains Soothe Investors
ByU.S. index futures climbed after China’s central bank said the nation’s $5 trillion stock rout is close to ending, spurring a rally in Shanghai equities.
E-mini futures on the Standard & Poor’s 500 Index due in September climbed 0.8 percent to 1,936.75 as of 12:37 p.m. in Hong Kong, while contracts on the Dow Jones Industrial Average gained 0.7 percent. The Shanghai Composite Index climbed 0.9 percent as trading resumed after a two-day holiday at the end of last week…
U.S. Index Futures Climb as China Stock Gains Soothe Investors