US STOCKS-Wall St set to open higher on Greek hopes, China bounce

viernes 10 de julio de 2015 09:06 GYT

* Euro zone ministers to meet on Saturday to decide on Greece

* Chinese premier says country's economic growth stabilizing

* Yellen to give speech at 12:30 p.m. ET

* Barracuda shares slump after rating cut

* Futures up: Dow 191 pts, S&P 26 pts, Nasdaq 55 pts (Adds details, comment, updates prices)

By Tanya Agrawal

July 10 (Reuters) - Wall Street was set to open sharply higher on Friday on hopes that Greece might be able secure fresh funding and after China's premier said the country's economic growth was stabilizing.

Greek Prime Minister Alexis Tsipras appealed to his party's lawmakers to back a tough reform package that won praise from France, which called the new proposals "serious and credible."

Greece has asked for $59 billion to help cover debts until 2018 and has pledged new tax hikes in return. Euro zone finance ministers will meet on Saturday to decide on a third bailout for Athens.   Continuación...