Stock Futures Gain

By: Associated Press
By: Associated Press

U.S. stock futures are bucking a sell-off on global markets and banks are among the biggest gainers.

Morgan Stanley is up 3 percent as Moody's cut its credit rating by less than expected. Moody's also lowered ratings on some of the world's other big banks late Thursday. JPMorgan Chase, Goldman Sachs, Bank of America and Citigroup are rising as well.

Also on Friday, Jeffrey Lacker, president of the Federal Reserve Bank of Richmond, and the lone dissenter to the Federal Reserve's latest economic stimulus effort, says the central bank's action will do little to foster growth and risks inflation.


Join the Conversation!

To comment, the following rules must be followed:

  • No Obscenity, Profanity, Vulgarity, Racism or Violent Descriptions
  • No Negative Community Comparisons
  • No Fighting, Name-calling, Trolling or Personal Attacks
  • Multiple Accounts are Not Allowed
  • Stay on Story Topic

Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.

Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Questions may be sent to comments@kbtx.com. Please provide detailed information.

powered by Disqus
KBTX-TV Channel 3 4141 E. 29th Street Bryan, TX 77802 Phone: (979) 846-7777 Fax: (979) 846-1490 News Fax: (979) 846-1888
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 160003165 - kbtx.com/a?a=160003165