US STOCKS-Wall St set to open higher as bank stocks rise

viernes 14 de octubre de 2016 09:03 GYT
 

* JPMorgan, Citi, Wells Fargo beat revenue estimates

* U.S. retail sales up 0.6 pct, in line with estimates

* Dollar index rises 0.39 pct, gold falls

* Futures up: Dow 71 pts, S&P 7.5 pts, Nasdaq 15.5 pts (Adds details, comments, updates prices)

By Yashaswini Swamynathan

Oct 14 (Reuters) - U.S. stock index futures pointed to a higher open on Friday as a set of upbeat results from big U.S. banks and robust economic data boosted investor sentiment.

Shares of JPMorgan, Citigroup and other big U.S. banks rose more than 1 percent in premarket trading after better-than-expected quarterly revenue reports.

Investors are awaiting Federal Reserve Chair Janet Yellen's speech at noon in Boston, where she is likely to offer more insight into the growing sentiment among policymakers to raise interest rates relatively soon.

Sustained growth in the labor market and improving inflation have encouraged Fed officials such as Boston Fed president Eric Rosengren, who told CNBC on Friday that the "very high" odds for a rate increase in December was appropriate.   Continuación...