MARKET PULSE-Advanced Micro Devices, Smithfield, Orchard Supply
June 17 (Reuters) - Some U.S. stocks to watch on Monday:
US STOCKS-FUTURES JUMP AFTER WEEKLY LOSS, FED EYED
U.S. stock index futures rose after major equity indexes on Friday closed their third negative week in four, with traders focused on this week's Fed policy meeting. Futures for Dow Jones industrial average and S&P 500 were up 0.82 percent and Nasdaq 100 futures up 1 percent.
** ADVANCED MICRO DEVICES INC, Friday close $3.94, up 6.3 pct premarket
Prospects were looking better for the No. 2 maker of microprocessors for personal computers whose revenue fell sharply last year, as computer servers acquired last year in its purchase of tiny startup company SeaMicro bolster results, Barron's said on Sunday. "SeaMicro offers AMD a chance to take share in the mainstream server-computer market, in which Intel sells about 96 percent of the chips," Barron's said, citing industry data.
** SMITHFIELD FOODS INC, Friday close $32.80, up 3 pct premarket Continued...