US stock futures rise after 4-day sell-off
NEW YORK (AP) — U.S. stock futures are edging higher after a four-day sell-off that shaved more than 300 points off the Dow Jones industrial average.
Dow Jones industrial futures are up 20 points to 15,022. S&P futures have added 2.8 points to 1,647.70. Nasdaq futures are up 5.5 points to 3,076.
But global indexes continued to be hammered Tuesday by the prospect of a retreat by the Federal Reserve from aggressive monetary policies that have flooded markets with cash.
The central bank’s bond-buying program has kept interest rates low and lured investors to developing markets in Asia and elsewhere. Those markets have been taking a hit in recent days.
U.S. futures are getting a lift from retailers. Home Depot and Best Buy beat Wall Street expectations before the opening bell.