S&P 500 Futures

S&P 500 Futures

July 18th, 2014

U.S. stocks rose, with the Standard & Poor’s 500 Index rebounding from its biggest drop since April, as Google Inc. (GOOGL) advanced and concerns eased over crises in the Ukraine and Middle East.

Google jumped 3.8 percent as second-quarter revenue exceeded analysts’ projections as the company sold more advertising alongside Web-search results. Advanced Micro Devices Inc. (AMD) tumbled 18 percent as it forecast sales below estimates.

The S&P 500 gained 1 percent to 1,977.61 at 2:31 p.m. in New York, erasing most of yesterday’s decline and sending it toward a gain of 0.5 percent for the week. The Dow Jones Industrial Average climbed 119.04 points, or 0.7 percent, to 17,095.85. The Russell 2000 Index of smaller companies rallied 1.5 percent, trimming its weekly loss to 0.8 percent. Trading in S&P 500 (SPX) companies was 11 percent above the 30-day average for this time of day.

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