U.S. stock futures rose, indicating the Standard & Poor's 500 Index will extend an eight-week high, amid optimism that President Barack Obama and Republicans will reach agreement on a new budget.

Apple Inc., the world's most valuable company, added 1.4 percent. Bank of America Corp. and Morgan Stanley rose more than 0.9 percent to pace gains in financial shares.

Futures on the S&P 500 expiring in March added 0.3 percent to 1,430.50 at 8:38 a.m. in New York. The benchmark index has gained 14 percent so far this year. Dow Jones Industrial Average futures rose 25 points, or 0.2 percent, to 13,209 today.

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