Mon, May 28, 2012, 6:44 PM EDT - U.S. Markets closed for Memorial Day

Stock futures rise ahead of economic indicators

Stock futures rise ahead of reports on unemployment benefits, third-quarter GDP

NEW YORK (AP) -- U.S. stock futures are rising as the market looks to continue the rally seen late in the previous session.

On Wednesday, the Dow Jones industrial average eked out a gain of 4 points after having been down 104 points at midday.

Investors will weigh a number of economic indicators Thursday, including weekly unemployment claims, the government's final reading on third-quarter economic growth and the Conference Board's index of leading economic indicators.

Stock indexes in Europe rose in light, pre-holiday trading. Germany's Dax, London's FTSE-100 and France's CAC 40 each rose more than 1 percent.

Less than two hours before the start of trading, futures for the Dow were up 63 points to 12,087, while futures for the broader S&P 500 index are up 7 points to 1,243.

 

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