US STOCKS-Futures higher as gold rebounds; earnings, data on tap

Tue Apr 16, 2013 7:27am EDT
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* Gold prices rebound after selloff

* Earnings due from 3 Dow components

* CPI, housing starts data on tap

* Futures up: Dow 65 pts, S&P 7.4 pts, Nasdaq 15.75 pts

By Chuck Mikolajczak

NEW YORK, April 16 (Reuters) - U.S. stock index futures rose on Tuesday, indicating the S&P 500 may rebound from its worst decline since November as gold prices rebounded and ahead of a flurry of earnings reports.

* Gold recouped some of their earlier steep losses but remained volatile after investors dumped risk assets overnight, gripped by worries over slowing growth in China and the United States. U.S. gold futures advanced 2.2 percent.

* U.S.-listed shares of Barrick Gold rose 3.9 percent to $20.56 and Randgold Resources climbed 6.2 percent to $73.30 in premarket trade.

* U.S. stocks posted their worst day since Nov. 7 in the prior session as big declines in the price of gold, oil and other commodities fed a broad selloff in equities, with weakness accelerating late in the session after two explosions near the finish line of the Boston Marathon.   Continued...