Stock futures rise as Ireland accepts bailout

[November 22, 2010]  NEW YORK (AP) -- Stock futures are trading higher a day after Ireland requested financial assistance from its neighbors.

The country has been in the midst of a financial crisis brought on by concerns regarding its ability to repay its loans. The bailout from the European Union and the International Monetary Fund will likely total $100 billion.

The Euro Stoxx 50, which tracks the shares of blue chip companies in countries that use the euro, is up 0.1 percent.

Economic data set to be released later this week include reports on October home sales, consumer sentiment and third quarter economic growth.

Dow Jones industrial average futures are up 22, or 0.2 percent, to 11,203. S&P 500 futures are up 3, or 0.3 percent. Nasdaq 100 futures are up 8, or 0.4, to 2,142.

[Associated Press; By DAVID K. RANDALL]

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