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News / Nation & World

Stock futures rise though Greece remains a concern

The Columbian
Published: May 6, 2010, 12:00am

NEW YORK (AP) — Stock futures are rising, steadying themselves after two days of sharp market drops tied to fears Greek debt problems would spread across Europe.

European markets are mostly rising Thursday. But investors remain nervous about whether debt problems will upend an economic recovery. The euro is extending its decline against the dollar, a sign that investors are not sure whether a Greek bailout will stem the mounting problems.

Investors focused on the U.S. economy will get reports that are expected to show continued growth.

Dow Jones industrial average futures are up 29, or 0.3 percent, at 10,863. Standard & Poor’s 500 index futures are up 4.50, or 0.4 percent, at 1,168.40, while Nasdaq 100 index futures are up 2.25, or 0.1 percent, at 1,960.75.

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