US STOCKS-Futures imply higher open as Ukraine tensions ease

lunes 11 de agosto de 2014 08:58 GYT

* Fischer says U.S. recovery has been "disappointing"

* Geopolitical issues may be market's biggest driver

* MannKind signs agreement with Sanofi, shares jump

* Kinder Morgan up on $70 bln deal to consolidate assets

* Futures up: Dow 75 pts, S&P 10 pts, Nasdaq 22.5 pts (Updates prices, adds Fischer comments)

By Ryan Vlastelica

NEW YORK, Aug 11 (Reuters) - U.S. stock index futures pointed to a higher open on Monday, suggesting that Friday's sharp rally could continue as it appeared less likely that the tense situation between Russia and Ukraine would escalate.

* Equities were also given a boost by Stanley Fischer, the vice chairman of the U.S. Federal Reserve, who said the recoveries in the U.S. and global economies had been "disappointing" thus far, indicating the Fed may not imminently tighten its monetary policy.

* "It appears Fischer believes accommodative monetary policy can help keep cyclical slowdown factors from turning structural, which is dovish in the short run but argues for a potentially higher neutral rate than otherwise in the longer run," Credit Suisse analysts wrote in a note to clients.   Continuación...