U.S. Stock-Index Futures Rise as Japan Expands Stimulus
Friday, October 31st, 2014
U.S. stock-index futures jumped, signaling benchmark indexes may rally to new records, as an unexpected boost in stimulus from the Bank of Japan spurred optimism in the global economy.
LinkedIn Corp. rose 8.6 percent after third-quarter sales exceeded estimates. GoPro Inc. jumped 16 percent after its prediction for fourth-quarter profit surpassed analysts’ projections. Starbucks Corp. fell 3.7 percent after posting disappointing quarterly revenue. Citigroup Inc. lost 0.1 percent after saying it took a $600 million legal charge.