Monday, April 16, 2007

U.S. Stock-Index Futures Rise; Google and Citigroup Shares Gain in Europe

(Bloomberg) -- U.S. stock-index futures rose on speculation takeovers will continue, and after former Federal Reserve chairman Alan Greenspan played down his earlier concern about a possible U.S. recession.

``A major takeover almost everyday now gives investors confidence that there is a lot of money out there,'' said Andreas Nigg, a fund manager at Vontobel Asset Management in Zurich, which manages $32 billion. ``The liquidity available will support the market.''


Read more at Bloomberg Stocks News

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