U.S. Stock Futures Rebound After Greece-led Selloff
U.S. stock markets pointed to a positive open on Tuesday, rebounding after Monday's sharp selloff prompted by increased fears that Greece will leave the eurozone. Futures for the Dow Jones Industrial Average rose 52 points, or 0.3%, to 17,572 on Tuesday, while those for the S&P 500 index picked up 6 points, or 0.3%, to 2,056.25. Futures for the Nasdaq 100 index climbed 9.25 points, or 0.2%, to 4,387. Greece stayed in the spotlight on Tuesday, when it is expected to miss a 1.54 billion euro ($1.72 billion) payment to the International Monetary Fund, after bailout negotiations broke down over the weekend. The country's bailout program also expires on Tuesday. Later in the U.S., attention turns to a trio of economic releases, including the Case-Shiller home price index, the Chicago purchasing managers' index and consumer confidence.
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