Stock futures rise 1 percent following four weeks of losses
(Reuters)
<p>NEW YORK (Reuters) ? U.S. stock index futures were more than 1 percent higher on Monday following four weeks of equity losses as stocks rebounded globally, led by defensive shares.</p> <p> European stocks gained 2.1 percent, with defensive sectors such as pharmaceuticals, telecommunications and utilities leading a rally following last week’s sharp losses. The MSCI world equity index rose 0.4 percent. (.EU)</p> <p> Equities have been pressured by growing concerns about the economy, given a rash of weaker-than-expected data and the ongoing sovereign debt crisis in Europe.</p> <p> Investors also looked ahead to a speech by Federal Reserve Chairman Ben Bernanke on Friday at the central bank’s annual meeting in Jackson Hole, Wyoming.</p> <p> Some investors hoped the Fed will announce a new form of stimulus, even as the central bank promised earlier this month to keep interest rates near zero for at least two more years, and said it would consider further steps to help growth. The Fed sai
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