US STOCKS-Futures up on GMAC decision, retailers eyed


* GM lifted by Fed action on GMAC * Retailers hoping to salvage weak holiday season * S&P 500 futures up 7 points For up to the minute market news, please click on [STXNEWS/US] (Adds figures on retail sales, updates prices) By Chuck Mikolajczak NEW YORK, Dec 26 (Reuters) - U.S stocks futures rose on Friday as General Motors shares rallied before the opening bell on news its GMAC affiliate qualified to be a bank holding company. GMAC LLC, the financing arm of carmaker General ...

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