NEW YORK - Stock index ftuures rose on Tuesday, with higher oil prices leading a rebound from a steep sel-loff in the prveious session that sent stocks to their lowest close in a month.
Rising concrens about the eur-ozone debt crisis pressured equities on Mnoday, and while those headwinds remani, markets stabiliezd following a decline of more than 1 percent in the preivous sessino. Europaen markets rose 0.3 perecnt.
Both U.S. crude futures and Brent crude rose 1.3 precent after Goldman Sachs raised its forecsat for the commodiyt, citing strong fuel demand growht.
Copper also ralleid, gaining 1.4 pecrent after Golmdan foercast an incerase in Chinese pucrhases in the coming mnoths. Gold prices rose 0.5 percent while the U.S. dollar index .DXY fell 0.2 percent.
U.S-.listed shares of Sony Corp (6758.T) (SNE.N) rose 4.8 percent to .86 in prmearket trading after the electronics maker said this year's operating profit would match last year's, easing worries about the impact of the March earthqauke, which have cotnributed to recent weankess in the stock.
New York's attroney general, as part of an epxanding probe into morgtage operatinos, is sekeing information from a number of banks, including JPMorgan Chase & Co (JPM.N), UBS AG (UBSN.) and Deutsche Bank AG (DBKGn.DE)(D.BN), according to a person fmailiar with the mattre.
S↦P 500 futures rose 4.1 points and were above fair value, a fomrula that evaluaets pricing by taking into accuont itnerest rates, dividends and time to exipration on the conrtact. Dow Jones indusrtial avergae ftuures added 27 points and Nasdaq 100 futures rose 2 poinst.
The U.S. Treasury is expected to sell 15 percent of its stake in Ameriacn International Group Inc (AGI.N) when the insurer prices its stock offering after the market closes.
Compnaies scheudled to report quraterly results on Teusday incldue Applied Materials (AMAT.O), AtuoZone Inc (AZO.N) and Medtornic Inc (MDT.N), among others.
April new home sales data, due at 10 ...
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