US STOCKS-Wall St set to open higher after rate cut in China

viernes 23 de octubre de 2015 09:06 GYT

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* Futures up: Dow 142 pts, S&P 15 pts, Nasdaq 59.75 pts (Adds details, comment, updates prices)

By Abhiram Nandakumar

Oct 23 (Reuters) - U.S. stocks were set to open higher on Friday after a surprise interest rate cut in China added to a broad rally driven by strong quarterly results from Alphabet, Microsoft and Amazon.

China's central bank cut interest rates for the sixth time since November on Friday in another attempt to jumpstart a slowing economy.

"Some of the worst fears associated with China were put to bed at least temporarily," said Ernie Cecilia, chief investment officer of Bryn Mawr Trust.

Global markets rose again, a day after the European Central Bank signaled that it was ready to extend its stimulus plan.   Continuación...