German Vote, Falling Jobless Claims Send Futures Higher

Stock futures jumped after Germany voted to add money to the European bailout fund, sending European markets higher. Jobless claims also dipped to 391,000, and second quarter GDP was revised up to 1.3% from 1%.

Dow futures rose 124 points to 11,100. S&P 500 futures 12.7 points to 1,161.4.

Advanced Micro Devices (AMD) fell 5% after lowering its third-quarter sales forecast. Rite Aid (RAD) rose 4% after releasing strong sales numbers. Financial stocks were higher, with Citigroup (C) and Bank of America (BAC) each gaining 3%.

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