U.S. stock futures rose amid optimism the European Union will meet a Dec. 19 deadline for funding a crisis-fighting package.
Today is the expiration of futures and options contracts on indexes and individual stocks, an event known as quadruple witching, which occurs once every three months.
U.S. equities rose as Luxembourg’s Jean-Claude Juncker, who leads the group of euro-area finance ministers, said the European Union should meet an informal Dec. 19 deadline for arranging loans to the International Monetary Fund as part of a crisis-fighting package. EU leaders decided at a Dec. 9 summit to channel an additional 200 billion euros ($261 billion) in loans to the IMF to help fight the euro region’s debt crisis.
Nikkei 8,402 +24.35 +0.29%
Hang Seng 18,285 +258.55 +1.43%
Shanghai Composite 2,225 +43.95 +2.02%
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CAC 2,983 -15.90 -0.53%
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Gold: $1589,10 (+0,8%).