US STOCKS-Futures up as oil bounces ahead of economic data

jueves 11 de diciembre de 2014 09:10 GYT

* Brent crude inches above $65 a barrel

* Starboard Value takes stakes in Office Depot, Staples

* Initial claims, retail sales data due

* Futures up: Dow 46 pts, S&P 6.25 pts, Nasdaq 8 pts (Adds premarket actives data)

By Chuck Mikolajczak

NEW YORK, Dec 11 (Reuters) - U.S. stock index futures advanced on Thursday, putting the S&P on track to rebound after a three-day drop as oil prices bounced and ahead of a flurry of economic data.

* The benchmark S&P index dropped more than 1 percent on Wednesday and has shed 2.4 percent over the past three sessions, it's worst run in two months, as weakness in oil prices has weighed heavily on the energy sector.

* Falling oil prices have added to worries about global demand and raised concerns about earnings for energy companies, with year-end tax selling putting additional pressure on the group. The sector is down 14.7 percent for the year and is the worst performing of the 10 major S&P sectors.

* Brent crude managed to climb back above the $65 mark but remained near five-year lows while U.S. crude rose 1.1 percent to $61.60.   Continuación...