By Andreas Hippin and Eric Martin

Dec. 10 (Bloomberg) -- U.S. stock-index futures rose, led by banks including JPMorgan Chase & Co., after a strategic investment in UBS AG boosted speculation that financial shares have fallen too far.

U.S. stocks followed European markets higher. JPMorgan advanced after Barron's reported the third-largest U.S. bank is in a better position than its competitors to withstand credit- market turmoil. Citigroup Inc., Bank of America Corp. and Wells Fargo & Co. also gained.

``The amazing reaction to UBS's announcement today indicates investors switched to a more positive view,'' said Oliver Hagen, who oversees $135 million in U.S. stocks at LGT Capital Management in Pfaeffikon, Switzerland. ``The strength of financial stocks might support the market in general.''

Standard & Poor's 500 Index futures expiring in December added 3 to 1,510.3 as of 7:50 a.m. in New York. Dow Jones Industrial Average futures rose 25 to 13,675. Nasdaq-100 Index futures increased 4.25 to 2,136.25.

UBS rallied as much as 3.3 percent in Zurich after the bank said it will replenish capital by selling stakes to investors in Singapore and the Middle East following a $10 billion writedown. UBS scrapped a forecast for fourth-quarter profit. The collapse of the U.S. subprime mortgage market has led to about $76 billion of losses and markdowns at securities firms and banks this year.

``Negative news from the banking industry are not that shocking anymore,'' said Lars Kreckel, an equity strategist for Exane BNP Paribas in London. ``Now the question is what would be the right timing for buying back bank shares.''

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