U.S. Stock Futures Advance Before Jobs Reports


31/05/2012 14:45 AST  Bloomberg

U.S. stock-index futures rose, indicating the Standard & Poor’s 500 Index will trim the biggest monthly drop since September, as investors awaited reports on jobs and economic growth.

Facebook (FB) Inc. rose in early New York trading. Zumiez Inc. (ZUMZ) advanced 2.5 percent in German trading after sales in May beat estimates. TiVo Inc. (TIVO), the digital video recorder pioneer, fell in late trading after reporting a first-quarter loss.

Futures on the S&P 500 expiring in June rose 0.4 percent to 1,313.7 at 7:23 a.m. in New York. The benchmark gauge has lost 6.1 percent this month as some economic reports missed estimates and Greece tottered on the brink of an exit from the euro currency union. Dow Jones Industrial Average futures added 49 points, or 0.4 percent, to 12,430 today.

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