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08 Oct

Wall St futures point to higher start for equities (Reuters)

Posted in business on 08.10.09

NYSE Euronext welcomes the officials and guests of Santander Brasil including Vice President Jose de Menezes Berenguer Neto (3rd R) and Duncan Niederauer (C), CEO, NYSE Euronext at the New York Stock Exchange in New York October 7, 2009. Brazil's biggest ever initial public offering kicked off with a whimper instead of a bang as shares of the Brazilian unit of Spanish bank Santander edged lower in their trading debut. Executives of Santander Brasil sought to focus on the fact that it raised 14.1 billion reais ($8.05 billion) with its IPO in Sao Paulo and New York, the largest ever in Brazil and the biggest in the world since March 2008. REUTERS/NYSE/Handout (UNITED STATES BUSINESS) NO SALES. NO ARCHIVES. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNSReuters – Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 rise 0.9 to 1 percent, pointing to a higher open on Wall Street on Thursday.



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