Stock Markets Latest News: Futures Driven Higher by Manufacturing

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Stock Markets Latest News: Futures Driven Higher by Manufacturing

Stock Markets Latest News: Futures Driven Higher by Manufacturing
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Stock Markets Latest News: Futures Driven Higher by Manufacturing

by Wochit 0:56 mins

NEW YORK (AP) ? U.S. stock futures are rising with industry watchers expecting automakers to post banner sales. The struggling social games maker said its founder and chief executive, Mark Pincus, will be replaced by Don Mattrick, the head of Microsoft's Xbox business. The change came after a series of miscalculations and poor management decisions by Mr. Pincus threatened to transform Zynga from one of the hottest game start-ups ever into one of its most spectacular flameouts. Stock index futures rose modestly, indicating positive market momentum would persist as investors remain optimistic about the economic outlook. Sentiment has improved since Federal Reserve officials signaled that their bond-buying stimulus program would not end soon.

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