Spain debt deal will likely give stocks a boost

NEW YORK (Reuters) - U.S.

NEW YORK (Reuters) - Stock index futures opened more than 1 percent higher on Sunday, following the news that euro zone finance ministers had agreed to lend Spain up to 100 billion euros ($125 billion) to help its battered banks. The size of the aid package was larger than expected, removing a huge cloud that has been hanging over financial markets, with investors fearing that a banking crisis in euro zone's fourth-largest economy could have compounded the currency bloc's troubles with Greece. S&P 500 futures rose 17. ...

NEW YORK (Reuters) - Stock index futures pointed to steep gains on Sunday, looking to extend Wa

U.S. stocks will get a lift on Monday after euro zone finance ministers agreed to lend Spain up to 100 billion euros to help its battered banks. The surprisingly large amount of aid removes a huge cloud ...

NEW YORK (Reuters) - Stock index futures opened more than 1 percent higher on Sunday, following the news that euro zone finance ministers had agreed to lend Spain up to 100 billion euros ($125 billion) to help its battered banks.

BRUSSELS/MADRID (Reuters) - Euro zone finance ministers agreed on Saturday to lend Spain up to 100 billion euros ($125 billion) to shore up its teetering banks and Madrid said it would specify precisely how much it needs once independent audits report in just over a week.

The head of Austria's central bank, Ewald Nowotny, and German finance minister Wolfgang Schaeuble have both made statements over this weekend that affect bailout options for Spain. In particular, Nowotny says Spain must seek help before ECB buys bonds. Spain would have to apply for a rescue package before qualifying for inclusion in the European Central Bank's plan to buy debt of struggling euro zone members, ECB policymaker Ewald Nowotny said.