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Global Markets Update: Banking Stocks Leading the Gains in Europe

Tuesday, 28 Feb 2012 | 6:10 AM ET

U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, ahead of this week's liquidity injection by the European Central Bank, which market participants hope will alleviate tensions in the European banking sector. In Europe shares were up, with banks, many of which suffered heavy write-downs on their holdings of government debt in the euro zone, being among the top performers.