U.S. stock futures rose, following the Standard & Poor’s 500 Index’s worst week since 2012, as retail sales gained the most since 2012 and Citigroup Inc. (C) jumped after earnings unexpectedly increased.
Citigroup advanced 3.3 percent after posting earnings that beat estimates. Edwards Lifesciences Corp. gained 12 percent after a court ruled to limit U.S. sales of peer Medtronic Inc.’s CoreValve system.
S&P 500 futures expiring in June rose 0.5 percent to 1,821.4 at 8:35 a.m. in New York. Dow Jones Industrial Average contracts gained 62 points, or 0.4 percent, to 16,043 today. Futures on the Nasdaq 100 Index increased 0.6 percent.
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