MARKET PULSE-Altria, Equinix, McKesson, Starwood Hotels, Ziopharm

Thu Oct 24, 2013 9:17am EDT
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Oct 24 (Reuters) - U.S. stock index futures advanced on Thursday, indicating the S&P 500 will rebound from its first decline in the last six sessions, ahead of labor market and manufacturing data and a slew of corporate earnings. S&P 500 futures were up 6.4 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures were up 67 points and Nasdaq 100 futures were up 11.75 points.

** FORD MOTOR CO, Wednesday close $17.52, up 3.4 pct premarket

The U.S. automaker boosted its full-year global earnings and margin outlook on Thursday, helped by an improved forecast in Europe and better-than-expected results in the third quarter.

** RIGEL PHARMACEUTICALS INC, Wednesday close $3.54, down 8.5 pct premarket

The company said it would stop the development of its drug to treat skin lesions in patients with discoid lupus, a chronic skin disease, after the treatment failed a mid-stage trial.