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STOCKS NEWS EUROPE-Futures point to sharp rebound

Fri Oct 23, 2009 2:29am EDT

Stocks

   

Stock index futures point to sharp gains for European shares in early trade, after a rise in U.S. financial stocks help the Dow .DJI close back above 10,000 points, and following a 1.1 percent drop in European shares in the previous session.

At 0622 GMT, DJ Euro Stoxx STXEc1 futures are up 1 percent, Germany's DAX futures FDXc1 up 1 percent and France's CAC-40 futures FCEc1 up 1.1 percent.

MAJOR EUROPEAN COMPANIES REPORTING:

Danone (DANO.PA) Q3

BSkyB (BSY.L) Q1

Volvo (VOLVb.ST) Q3

Syngenta (SYNN.VX) Q3

Elisa EL1V.HE Q3

Husqvarna (HUSQb.ST) Q3

Mobistar (MSTAR.BR) Q3

Oriflame (ORIsdb.ST) Q3

MAJOR U.S. COMPANIES REPORTING:

Microsoft MSOFT.O Q1

Dover Corp. (DOV) Q3

Exelon Corp. (EXC) Q3

Fortune Brands (FO) Q3

Honeywell (HON) Q3

Whirlpool (WHR) Q3

MAJOR MACROECONOMIC INDICATORS/EVENTS (GMT):

0800 DE Ifo Oct

0830 GB GDP Q3

0900 EZ Industrial Orders Aug

1400 US Home Sales Sep

For more double click on [.EU]

Reuters Messaging rm://brian.gorman.reuters.com@reuters.net



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