Monday, July 9, 2007

US STOCKS-S&P futures rise before earnings kick-off

(Reuters) - NEW YORK, July 9 - Standard & Poor's 500 stock
futures rose on Monday as investors bet that signs of economic
strength meant companies will beat quarterly profit forecasts
as the earnings reporting season starts.




Deal speculation also lent support, with shares of FedEx
Corp. up 2.3 percent before the opening bell. Barron's
newspaper said the package delivery company could become a
takeover target of private equity buyers.


Read more at Reuters.com Bonds News

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