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STOCKS NEWS EUROPE-Index futures point to higher open

Tue Jul 14, 2009 2:24am EDT

Stocks

   

European stock index futures point to a higher open following strong gains on Wall Street and ahead of results from U.S. bellwethers such as Goldman Sachs (GS.N).

Futures for the Eurostoxx 50 STXEc1, Germany's DAX FDXc1 and the French CAC 40 FCEc1 are up 0.5-1.1 percent.

U.S. shares gained more than 2 percent on Monday as bullish analyst comments on the financial sector reignited hopes that banks' quarterly results could be stronger than expected.

MAJOR MACROECONOMIC INDICATORS/EVENTS (GMT):

0830 GB CPI Jun

0830 GB RPI Jun

0900 DE ZEW index Jul

0900 EZ Ind prod May

1145 US ICSC chain w/e

1230 US PPI Jun

1230 US Retail sales Jun

1255 US Redbook w/e

1400 US Bus Inv May

MAJOR U.S. COMPANIES REPORTING:

Q2 Altera Corporation (ALTR.O)

Q2 Goldman Sachs (GS.N)

Q2 Intel Corporation (INTC.O)

Q2 Johnson & Johnson (JNJ.N)

Q2 Yum! Brands, Inc. (YUM.N)

MAJOR EUROPEAN COMPANIES REPORTING:

Iberia traffic (IBLA.MC)

Castellum AB Q2 (CAST.ST)

Investor AB Q2 (INVEb.ST)

Sulzer AG Q2 SALES (SUN.S)

Reuters Messaging rm://atul.prakash.reuters.com@reuters.net

blaise.robinson.reuters.com@reuters.net


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