OREANDA-NEWS. October 24, 2011. US stocks rose on Friday with Basic Materials (+1.75%) and Financials (+2.37%) as leaders. S&P 500 index added 1.88%, Russell 2000 Index – was up by 2.3%. VIX was down by 9.95% to 31.32.  Of 106 companies reported so far 80 topped analysts’ expectations.

EURUSD closed near 1.39.

Asian jumped on Monday on Merkel&Sarkozi announcements, good China HSBC PMI data. Shanghai stock indices were up 2.5% on average. S&P/ASX was down by 2.73%. Korean Kospi jumped 3.26%. Nikkei was up by 1.9%.

The European stock indices futures rose in the morning - Dow Jones Stoxx 50 futures was up by 0.9% while Dax futures added 0.94%. S&P futures added 0.32%.

In the US, Chicago Fed manufacturing Штувч will be in focus along with Dudley and Fisher’s speeches.

13 S&P 500 companies are to present quarterly earnings reports.