U.S. Stock-index Futures Point To Higher Open Tuesday
Despite a late-session sell-off Monday on Wall Street, U.S. stock-index futures suggested opening gains for the markets on Tuesday. About 10 hours ahead of the New York open, futures for the Dow Jones Industrial Average implied a 0.5% gain from Monday's close, while those for the Nasdaq 100 and the S&P 500 each showed an advance of 0.6%. Still, the futures sometimes change direction, especially after the European markets open. The upbeat tone for the U.S. futures came as most Asian stock benchmarks sported advances, with Hong Kong's Hang Seng Index up 0.7%, and Australia's S&P/ASX 200 up 1%, though Japan's Nikkei Average ended the morning session with a 1.5% loss as Tokyo's market returned from a three-day holiday.
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