Wall St. futures rise; eyes on earnings, Beige Book
(Reuters) Both Dow Jones futures DJc1 and S&P 500 futures SPc1 were up 0.55 percent at 0945 GMT (5:45 a.m. EDT), while Nasdaq futures NDc1 were 71 percent higher.
Earnings were due from more than 40 S&P 500 .SPX companies, including Anheuser-Busch BUD.L, AT&T (T.N), Boeing (BA.N). ConocoPhillips (COP.N), Pepsico (PEP.N), Pfizer (PFE.N), Qualcomm (QCOM.O), Whirlpool (WHR.N) and Wyeth WYE.N.
Stocks on the move after Tuesday's closing bell included savings & loan Washington Mutual (WM.N), up more than 8 percent, software maker WMware (VMW.N), down 10.5 percent, chip maker Broadcom (BRC.N), up 3.5 percent, brokerage E*Trade (ETFC.O), down 11.6 percent, surgical systems maker Intuitive Surgical (ISRG.O), up 11.3 percent, and Yahoo (YHOO.O), up 1.8 percent.
Philadelphia Consolidated Holding Corp's PHLY.O shares listed on the Berlin stock exchange were up 41.3 percent PHLY.BE after news that Tokio Marine Holdings Inc (8766.T) plans to buy the non-life insurer for about $4.7 billion -- the largest U.S. acquisition by a Japanese financial company.
U.S. economic data diary thin; the Federal Reserve's Beige Book of economic conditions due at 1800 GMT. "The Beige Book should confirm expectations that a change of interest rate policy is not imminent," Commerzbank said in a note. "The U.S. economy will probably be described as continuing to grow slowly, with no signs of an improvement in the housing market," it said.
(Reporting by Peter Starck, editing by Will Waterman)
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