YRC Worldwide Inc (YRCW)

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OT: Stock futures rise sharply, point to rebound

Stock futures point to rally after signs of European growth; ahead of earnings, economic data

Thursday July 22, 2010, 6:52 am
http://finance.yahoo.com/news/Stock-futures-rise-sharply-apf-2647985410.html?x=0&sec=topStories&pos=main&asset=&ccode=

NEW YORK (AP) -- Stocks are set for a strong rebound after some encouraging signs of growth in Europe and as another big batch of earnings could provide better insight into the recovery.

Futures rose sharply Thursday after a report showed growth in the 16-nation group that uses the euro.

Another batch of earnings from a wide variety of industries could also provide some clues about the pace of a recovery. Results from companies like Caterpillar, 3M, UPS, American Express and Microsoft should show how much consumers are shipping, shopping and borrowing.