Stock futures rose early on Friday as the first quarter comes to an end today. European stocks were broadly higher after a very weak day Thursday on renewed concerns about sovereign and bank debt. Some potentially troubling U.S. data failed to cool the market’s rise. Personal spending rose 0.8% and income rose 0.2% in February, a mixed result that also showed Americans have reduced their personal savings rates.
Dow futures rose 52 points to 13,130; S&P 500 futures rose 5.9 points to 1,404.1.
Research in Motion (RIMM) rose 1.2% in pre-market trading after missing fourth quarter earnings expectations late on Thursday and announcing it was exploring partnerships and other strategic options. The stock had fallen hard in after-hours trading on Thursday.
Footwear company Finish Line (FINL) fell 7% after issuing weak guidance.
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