US Stock Futures Gain Before Manufacturing Data; Ford Rises

Nov 2nd, 2009 - Bloomberg

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Nov. 2 (Bloomberg) -- U.S. stock-index futures rose,indicating the Standard & Poor’s 500 Index may rebound from itsworst week since May, as Ford Motor Co. posted earnings thatbeat estimates and investors speculated that a report will showmanufacturing expanded at the fastest rate in three years.

Ford rallied 6.9 percent in pre-market New York trading.Alcoa Inc., General Electric Co. and Procter & Gamble Co.gained in European trading. CIT Group Inc. tumbled after the101-year-old commercial lender filed for bankruptcy.

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