US Stock Futures Up After Ireland Bailout

US stock futures are higher, this morning as Ireland received a $113 billion aid package. Futures for the Dow Jones Industrial Average gained 32 points to 11,061, while those for the S&P 500 index moved up 3.6 points to 1,187.30. Futures for the Nasdaq 100 index gained 3 points to 2,146. US stock markets closed lower last week, with the Dow Jones Industrial Average losing 0.85% and the Nasdaq Composite Index declining 0.34%. National Retail Federation reported a 6.4% y/y rise in retail sales last weekend. Wal-Mart WMT has offered to acquire 51% of South Africa's Massmart Holdings for 148 rand ($20.78), or about $2 billion. Shares of online retailer Amazon.com Inc AMZN will be in focus today, because of the day known as Cyber Monday. Many people shop online on this day. Negative sentiments ruled the European markets today. While STOXX Europe 600 Index has lost 0.45%, London's FTSE 100 Index moved down 0.41%. Most of the Asian markets ended in the positive territory, with Japan's Nikkei Stock Average adding 0.86%, Australia's S&P/ASX 200 moving up 0.35% and China's Shanghai Composite falling 0.19%. The euro reached its 2-month low against the US dollar. December gold futures dropped $3.40 to $1,359 an ounce. Read more from Benzinga's Markets.
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