By MarketWatch
Indications: Stock futures rise; retail sales, Citigroup in focus
U.S. stock futures advanced as investors took a batch of China data in stride and assessed earnings from Citigroup Inc. /quotes/zigman/5065548/quotes/nls/c C -2.17% , as well as retail-sales data and the Empire State Index for October.
Away from the markets, two U.S. economists were awarded the 2012 Nobel economics prize.
Softbank to buy 70% of Sprint in $20B deal
See: Stock futures rise; retail sales, Citigroup in focus.
See: Roth, Shapley win Nobel economics prize.
Economic Report: China inflation data suggest economy unsettled
China?s consumer-price index eased in line with expectations, while a gauge of producer prices showed a steepening drop, suggesting that China?s economy has yet to stabilize.
See: China inflation data suggest economy unsettled.
Europe Markets: Europe stocks rise after Chinese data; banks up
European stock markets moved higher, with banks and drug makers in the lead, as investors digested a raft of data out of China, including better-than-expected export numbers.
See: Europe stocks rise after Chinese data; banks up.
Asia Markets: Most Asian markets slip after China data
Most of the major Asian markets fell after a set of Chinese economic data led to doubts Beijing would act soon to further loosen its policies. Japanese shares ended higher, bouncing off a string of recent losses, as shares of beaten-down exporters found buyers, although Softbank Corp. tumbled further.
See: Most Asian markets slip after China data.
Currencies: Dollar slips as traders eye EU summit, retail sales
The U.S. dollar slipped as traders eyed a summit of European Union leaders later this week amid speculation over prospects for a Spanish bailout and help for Greece, and following the release of retail-sales data.
See: Dollar flat as traders eye EU summit.
Futures Movers: Crude-oil futures decline
U.S. crude-oil futures fell in electronic trade.
See: Crude-oil futures decline.
Metals Stocks: Gold futures retreat
Gold futures fell in electronic trading, with the metals complex under broad selling pressure.
See: Gold futures retreat.
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/quotes/zigman/5065548/quotes/nls/c
US : U.S.: NYSE
Volume: 42.56M
Oct. 12, 2012 4:00p
Market Cap$101.91 billion
Rev. per Employee$376,056
Words used in this article: Source: http://feeds.marketwatch.com/~r/marketwatch/financial/~3/0YTJBLaP6D4/story.asp
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