US STOCKS-Wall St to open up after German data; UMich due

viernes 13 de febrero de 2015 10:14 GYT
 

* Import prices drop in January

* UMich data on tap

* German growth beats expectations

* Futures up: Dow 53 pts, S&P 4 pts, Nasdaq 13 pts (Adds quote, data)

By Chuck Mikolajczak

NEW YORK, Feb 13 (Reuters) - U.S. stocks were set for a slightly higher open on Friday, after gains in the prior session moved the S&P 500 within striking distance of its closing record, buoyed by upbeat German growth data and ahead of a reading on U.S. consumer sentiment.

Germany grew 0.7 percent in the fourth quarter, more than double the expected 0.3 percent, pointing to a stronger 2015 for the region's biggest economy and fueling optimism about growth in the broader euro zone.

"We actually had some better economic news out of the euro zone, obviously it all came from the strength in Germany, but nevertheless it was better," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York.

U.S. import prices tumbled 2.8 percent in January, the largest decline since December 2008 and the seventh straight month of declines.   Continuación...