U.S. Index Futures Are Little Changed Before Retail Sales Data

U.S. stock-index futures were little changed, after equities rallied the most in a month, before data on retail sales and as investors watched for developments in Greece’s debt talks.

Standard & Poor’s 500 Index E-mini contracts expiring in June retreated 0.1 percent to 2,105.5 at 10:15 a.m. in London. Dow Jones Industrial Average futures added 2 points to 18,020.

The S&P 500 jumped 1.2 percent on Wednesday amid optimism that progress was being made in the Greek debt talks. In the latest development, German Chancellor Angela Merkel told Prime Minister Alexis Tsipras it’s time to back up his good intentions with the policy action required to release aid.

U.S. retail sales rose 1.2 percent in May, according to economist forecasts. That would be the biggest increase in more than a year. Another release will probably show 275,000 Americans filed for jobless claims last week, about the same as in the previous period.

Source : Bloomberg


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