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News / Nation & World

Stock futures rise, try to build on late-day surge

The Columbian
Published: June 3, 2010, 12:00am

NEW YORK (AP) — Stock futures are rising as investors grow hopeful that the U.S. recovery remains on track.

The market will try to build on a late-day rally that sent the Dow Jones industrial average up 225 points Wednesday.

Investors are buying stock futures Thursday ahead of five key reports that should provide a sweeping view of the health of the domestic economy. Reports are expected to show the service industry, jobs market and manufacturing sector are all improving.

Dow Jones industrial average futures are up 39, or 0.4 percent, at 10,271. Standard & Poor’s 500 index futures are up 4.60, or 0.4 percent, at 1,101.30, while Nasdaq 100 index futures are up 4.25, or 0.2 percent, at 1,883.25.

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