US stock futures up as Greek bailout inches closer

PZF-ajc Published:

NEW YORK (AP) -- U.S. stock futures are following world markets higher as Europe appears to be inching closer to a Greek bailout deal.

Dow Jones industrial average futures added 44 to 12,884, while Standard & Poor's 500 futures rose 6.1 points to 1,353.60. Nasdaq Composite index futures gained 13.50 to 2,589.50.

Negotiations over a deal to save Greece from default helped boost some key European markets even as data indicated the eurozone economy contracted in the last three months of 2011.

In France, the CAC-40 rose 1 percent to 3,410. Germany's DAX added 1.2 percent to 6,809. But London's FTSE index slipped 0.1 percent to 5,899.