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    Stock futures gain after weekly drop; retail sales eyed

    Mon, 04/16/2012 - 08:10 EDT - Yahoo! Business News
    • YahooBizNews

    Traders work on the floor of the New York Stock ExchangeNEW YORK (Reuters) - Stock index futures advanced on Monday ahead of retail sales data, indicating the S&P 500 may climb after suffering its worst weekly decline of the year. The benchmark index fell 2 percent last week and lost 2.7 percent over the past two weeks, its worst two-week slide since November, on increasing concerns about the euro-zone debt crisis and weaker-than-expected economic data. The Commerce Department releases March retail sales at 8:30 a.m. EDT (1230 GMT). Economists expect a 0.3 percent rise in sales, compared with a 1.1 percent increase in February. ...

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