Aug. 22 (Bloomberg) -- U.S. stock futures rose, paring earlier losses and indicating the Standard & Poor’s 500 Index may rebound from its biggest four-week drop since 2009, amid speculation the U.S. Federal Reserve will support the economy. S&P 500 futures expiring in September gained 0.4 percent to 1,128.50 as of 10:52 a.m. in Tokyo. The contract previously fell as much as 1 percent. The U.S. equity benchmark plunged 4.7 percent to 1,123.53 last week, giving it a 16 percent loss since July 22. A closing level of 1,090.88 would bring the index to a 20 percent decline since April 29, meeting the common definition of a bear market. “It’s not certain to us what the Federal Reserve can say to calm people’s nerves,” Don Williams, chief investment officer at Platypus Asset Management Ltd. in Sydney, said in a Bloomberg Television interview. “Stocks are cheap, but the outlook for most companies is murkier than it’s been since 2008. This period of volatility that we’re in has still got a way to play out.” To contact the reporter on this story: Lynn Thomasson in Hong Kong at [email protected] To contact the editors responsible for this story: Nick Gentle at [email protected] .
=== Sent from Bloomberg for Blackberry. Download it from the Blackberry App World! Powered by Telkomsel BlackBerry® ------------------------------------ Kunjungi situs http://www.info-saham.com untuk informasi seputar saham. SEMUA POSTING DI MILIS INI TANGGUNG JAWAB PENGIRIM EMAIL DAN BUKAN ADMIN MILIS. SEMUA POSTING DI MILIS INI BUKAN UNTUK MENGAJAK MEMBELI ATAU MENJUAL EFEK. SETIAP KEPUTUSAN INVESTASI MENJADI TANGGUNG JAWAB PIHAK PEMILIK INVESTASI ATAU PEMILIK MODAL. [email protected] untuk berhenti dari milis saham [email protected] untuk bergabung ke milis saham Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/saham/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/saham/join (Yahoo! ID required) <*> To change settings via email: [email protected] [email protected] <*> To unsubscribe from this group, send an email to: [email protected] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
