Stock index futures signal gains; BoA eyed
U.S. stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.62 percent, Dow Jones futures up 0.47 percent and Nasdaq 100 futures up 0.52 percent at 0900 GMT (4 a.m. EST).
Bank of America Corp
Shares of Bank of America traded in Frankfurt
The auto sector will be in focus after news that France's PSA Peugeot Citroen
could buy a large stake in Japan's Mitsubishi Motors Corp <7211.T> as part of plan to deepen ties to ride out the auto industry's worst-ever slump, sending Japanese and European auto stocks surging.
Japan's Nikkei average climbed nearly 4 percent on Thursday to hit its highest close in five weeks as exporters such as Canon Inc <7751.T> jumped on a weaker yen, while European stocks were up 0.8 percent in morning trade, led by banks and auto stocks.
Gold hit a record high of $1,226.10 on persistent dollar weakness, receding fears over debt problems in Dubai and ongoing expectations that central banks will continue to buy the precious metal, while U.S. crude futures climbed after slipping 2.3 percent a day earlier on a larger-than-expected build in U.S. crude inventories.
Goldman Sachs Group Inc
Comcast Corp
On the macro front, investors were bracing for data on productivity, weekly jobless claims and ISM non-manufacturing index, while the bulk of major retail chains report November same-store sales. Early data on Thanksgiving weekend shopping from Thursday through Sunday showed only a slight increase in sales, pressuring retailer shares.
Workers at U.S. motorcycle maker Harley-Davidson's
A group led by former Ford Motor Co
The Nasdaq rose on Wednesday as strong online holiday sales boosted shares of retailers, including Amazon.com
The Dow Jones industrial average <.DJI> declined 18.90 points, or 0.18 percent, to end at 10,452.68. The Standard & Poor's 500 Index <.SPX> inched up just 0.38 of a point, or 0.03 percent, to finish at 1,109.24. The Nasdaq Composite Index <.IXIC> gained 9.22 points, or 0.42 percent, to close at 2,185.03.
(Reporting by Blaise Robinson; Editing by Hans Peters)
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