Futures Rise After Alcoa Results, China Trade Data

[Stocks-to-Watch]

U.S. stocks rose early Tuesday, spurred by data out of China and better than revenue number in Alcoa’s (AA) earnings report.

China’s trade surplus grew to $16.5 billion in December from 14.5 billion the month before, as exports grew steadily but imports growth tapered off.

Dow futures jumped 123 points to 12,460; S&P 500 futures rose 14 points to 1,289.6.

Alcoa rose 2.8% after posting better than expected revenue, although the company’s operating earning came in a penny below expectations. Tiffany (TIF) fell 7.5% after issuing a weak forecast. Liz Claiborne (LIZ) fell 12% after announcing its CFO will leave, and lowering guidance for 2011 and 2012 EBITDA late Monday.



Original Article Source by Barrons.com