Business Today: Futures point to Wall St gains on hopes for China stimulus

		Click to View in Browser 03/28/2014 Futures point to Wall St gains on hopes for China stimulus NEW YORK (Reuters) - U.S. stock index futures indicated a higher opening on Wall Street Friday, lifted by remarks from China's Premier Li Keqiang that the Chinese government was ready to take steps to support its economy. U.S. consumers step up spending in February, inflation remains muted WASHINGTON (Reuters) - U.S. consumer spending rose in February, in the latest sign that the economy was regaining strength after being chilled by bad weather. Surge in consumer confidence lifts euro zone economic sentiment BRUSSELS (Reuters) - A surge in consumer confidence helped boost economic sentiment in the euro zone in March to its highest level since July 2011, data from the European Commission showed on Friday. As U.S. momentum stocks take beating, some sectors benefit NEW YORK (Reuters) - Investors in some of the past year's hottest U.S. stocks have been given a savage lesson in the risks of so-called "momentum trading". BlackBerry posts smaller-than-expected loss; shares rise TORONTO (Reuters) - BlackBerry Ltd reported a much smaller-than-expected quarterly loss on Friday, sending its shares up nearly 7 percent, even as its smartphone sales continued to slide. GM unit Opel to make Buick vehicles for U.S. in Germany FRANKFURT (Reuters) - General Motors unit Opel will make two additional vehicles at its plant in Ruesselsheim, Germany, including a Buick destined for the United States, it said on Friday. Lufthansa pilots announce three-day strike for next week FRANKFURT (Reuters) - Pilots at Lufthansa , Germany's largest airline, will hold a three-day strike from April 2 to April 4, their union said on Friday, as they seek to pressure the German airline in pay and contract negotiations. Deutsche Boerse, Bank of China agree closer cooperation-sources FRANKFURT (Reuters) - Deutsche Boerse and Bank of China are expected to sign a strategic partnership agreement that would make it easier for Chinese investors to gain access to the European capital market, two sources told Reuters on Friday. Euro zone banks slow crisis loan returns as extra cash falls FRANKFURT (Reuters) - The pace at which euro zone banks are repaying their crisis loans to the European Central Bank has slowed significantly as extra cash in the system reaches critically low levels. Lufthansa pilots announce three-day strike for next week FRANKFURT (Reuters) - Lufthansa pilots will hold a three-day strike from April 2 to April 4, their union said on Friday, as they seek to pressure the German airline in pay and contract negotiations. Related Video Breakingviews: Intesa spring clean heralds return to health Time Europe spent more on defence – EDA chief Economic News U.S. consumers step up spending in February, inflation remains muted Ukraine faces painful slog to economic recovery A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend