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US STOCKS-Futures up ahead of jobs data, Fed statement

Wed Nov 4, 2009 6:37pm IST
 
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* Jobs, services sector data on tap

* FOMC statement on rates and economy due

* Nissan offers upbeat outlook

* For up-to-the-minute market news, click [STXNEWS/US]

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By Rodrigo Campos

NEW YORK, Nov 4 (Reuters) - U.S. stock index futures rose on Wednesday on an upbeat forecast from carmaker Nissan and a rebound in European banks, ahead of jobs data and the Federal Reserve's statement on interest rates and the economy.

Investors will also scour the Federal Open Market Committee statement, expected to reaffirm current supportive policies for the economy, even as signs of recovery grow. [ID:nFEDAHEAD]

European bank shares rose with French bank Societe Generale (SOGN.PA: Quote, Profile, Research) up on solid third-quarter performance at its French retail banking division and on bid speculation. Japanese carmaker Nissan Motor Co (7201.T: Quote, Profile, Research) revised its annual outlook to a profit from a loss on, lifting Renault (RENA.PA: Quote, Profile, Research) and its peers.  Continued...

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