US stock futures up as Greek bailout inches closer

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Published: Wednesday, Feb. 15 2012 6:55 a.m. MST

In this Feb. 2, 2012 photo, trader Jeffrey Vazquez, left, works on the floor of the New York Stock Exchange Thursday, Feb. 2, 2012. World stock markets rose Wednesday, Feb. 15, 2012, after Greece indicated a willingness to commit to spending cuts to secure its bailout and moves by Japan's central bank to support the economy lifted its powerhouse export sector.

Richard Drew, Associated Press

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Summary

U.S. stock futures are following world markets higher as Europe appears to be inching closer to a Greek bailout deal.

NEW YORK — U.S. stock futures are following world markets higher as Europe appears to be inching closer to a Greek bailout deal.

Dow Jones industrial average futures added 44 to 12,884, while Standard & Poor's 500 futures rose 6.1 points to 1,353.60. Nasdaq Composite index futures gained 13.50 to 2,589.50.

Negotiations over a deal to save Greece from default helped boost some key European markets even as data indicated the eurozone economy contracted in the last three months of 2011.

In France, the CAC-40 rose 1 percent to 3,410. Germany's DAX added 1.2 percent to 6,809. But London's FTSE index slipped 0.1 percent to 5,899.

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