NEW YORK (AP) — Stock futures are rising slightly as investors try to brush off fresh worries about the health of European banks.
Major indexes had retreated Tuesday after new questions surfaced about exactly how much potentially risky government debt European banks are holding. That snapped a strong four-day rally in the U.S. where investor optimism grew following reports on employment and manufacturing that showed the economy continues to grow, although slowly.
A report due out Wednesday afternoon from the Federal Reserve could provide further insight into the pace of the domestic recovery.
Dow Jones industrial average futures are up 20, or 0.2 percent, at 10,358. S&P 500 futures are up 2, or 0.2 percent, at 1,094, while Nasdaq 100 futures are up 7, or 0.4 percent, at 1,865.
