US STOCKS-Futures rise as investors look past China factory data

miércoles 11 de noviembre de 2015 08:26 GYT

* Futures up: Dow 50 pts, S&P 6.25 pts, Nasdaq 12.25 pts

By Abhiram Nandakumar

Nov 11 (Reuters) - U.S. stock index futures were higher on Wednesday after mixed economic data out of China suggested that Beijing may need to provide further stimulus to kickstart growth, even as investors brace for a possible rise in U.S. interest rates next month.

* Industrial production in China grew at its slowest pace in seven months in October, another sign of deflationary pressure in the world's second-largest economy.

* However, retail sales for the same month expanded more than expected as consumer sentiment remained strong.

* In another sign that the Chinese consumer remains upbeat, e-commerce giant Alibaba said sales in its Singles' Day online shopping festival had crossed last year's record of $9.3 billion after just 12 hours, and could total $13.8 billion by the end of the day.

* Alibaba's shares were up 1.7 percent at $82.80 in premarket trading.

* Closer to home, Macys reports quarterly earnings before the bell. Macy's shares were slightly lower, but JC Penney's stock was up 6.6 percent at $9.25 after it reported a 6.4 percent rise in third-quarter same-store sales.

* Global stocks rose on Wednesday, led by strong earnings reports in Europe and the increased prospect of further stimulus measures by central banks in Europe and Asia.   Continuación...