NEW YORK (AP) — Stocks are set for a rebound as investors prepare for a handful of economic and earnings reports that are expected to show some modest improvement.
Investors are watching for reports on housing starts, industrial production and inflation at the retail level that are all expected to show the economy continues to grow at a measured pace.
Economic reports in recent months have almost wholly pointed to slowing growth. That has led some investors to worry that the country could fall back into recession.
Dow Jones industrial average futures are up 66, or 0.6 percent, at 10,339. Standard & Poor’s 500 index futures are up 8.40, or 0.8 percent, at 1,085.50, while Nasdaq 100 index futures are up 11.75, or 0.7 percent, at 1,831.75.
