US STOCKS-Futures point to higher open, Citigroup gains

* Banks to be in focus as Citigroup reports results

* S&P coming off worst week since June on bearish earnings

* Futures bolstered by hopes of Spain asking for aid

* Futures up: Dow 46 pts, S&P 6.7 pts, Nasdaq 17 pts

By Ryan Vlastelica

NEW YORK, Oct 15 (Reuters) – U.S. stock index futures pointed to a higher open on Monday as Citigroup climbed following its earnings results and strong retail sales data further lifted sentiment.

Growing hopes that Spain would soon request a bailout also lifted sentiment, indicating a rebound from last week, which was the S&P’s worst since June. Spain officially asking for aid is seen as a necessary step for dealing with the region’s debt crisis.

Citigroup Inc rose 2.4 percent to $35.59 in premarket trading after posting adjusted earnings that surged from the prior year and beat expectations. The growth came as mortgage lending increased and capital markets results rebounded.

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About Todd Butterfield - (CEO, President) The BlackBay Group
BlackBay Capital Advisors - Investment Advisor, BlackBay Futures Group - Principle/Futures Broker, BlackBay Trading Advisors - CTA

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