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European stock index futures signal more gains
September 16, 2009 / 6:10 AM / in 8 years

European stock index futures signal more gains

PARIS, Sept 16 (Reuters) - European stock index futures pointed to a higher start on Wednesday, with stocks poised to gain ground for the eighth time in nine sessions, mirroring a rally on Wall Street and in Asia.

By 0602 GMT, futures for the DJ Euro Stoxx STXEc1, for Germany’s DAX FDXc1 and for France’s CAC FCEc1 were up between 0.4 percent and 0.5 percent.

European shares edged higher on Tuesday, led by banking stocks as strong U.S. monthly retail sales reignited hopes of a quick economic recovery and helped the market resume its two-week rally.

On Tuesday U.S. Federal Reserve chief Ben Bernanke said the U.S. recession was probably over, one year after the collapse of Wall Street firm Lehman Brothers. (Reporting by Blaise Robinson, editing by Joanne Frearson)

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