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By Reuters
(Reuters) - Futures for the S&P 500 and the Nasdaq 100 were up 0.05 percent and 0.2 percent, respectively, at 5:47 a.m. EDT, while futures for the Dow Jones industrial average were down 0.2 percent.
* Goldman Sachs <GS.N> shares in Frankfurt <GS.F> jumped 8.1 percent after the bank posted a much higher-than-expected first quarter profit, taking on more trading risk, and said it planned a $5 billion common share sale to help pay back government funds.
* Citigroup <C.N> shares in Frankfurt <TRV.F> soared 31 percent while JP Morgan <JPM.N> <JPM.F> jumped 9 percent.
* The bank results lifted European financials, and the FTSEurofirst 300 index of top European shares <.FTEU3> was up 2.1 percent, boosted also by gains in mining stocks, which tracked copper higher.
Tuesday is the first day of trading for European stocks after the Easter break -- U.S. markets were open on Monday and ended mixed with the S&P 500 <.SPX> and Nasdaq <.IXIC> slightly higher, and the Dow <.DJI> slightly lower.
* General Motors <GM.N> fell 15 percent in Frankfurt <GM.F> on fears that the U.S. government would push the automaker into a bankruptcy that could wipe out existing equity.
* Chipmaker Intel <INTC.O> is set to kick off tech earnings season, with results eyed closely for guidance on the semiconductor market. |
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