Friday, April 13, 2007

US STOCKS-Futures point higher after PPI; GE up

(Reuters) - NEW YORK, April 13 - U.S. stock futures rose on Friday, suggesting a higher market open, after government data showed producer prices, excluding food and energy, were unchanged in March, easing fears about inflation and higher interest rates.

General Electric Co. , whose businesses range from jet engines to the NBC television network, rose in electronic trading before the bell. The conglomerate reported a rise in profit that met Wall Street's expectations and reaffirmed its profit outlook for the year. For details, see [ID:nN13422560].


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