Stock futures rise ahead of durable goods report
NEW YORK — Stock futures are rising, signaling another day of gains on Wall Street. Investors will assess fresh U.S. economic data and closely watch developments in Europe.
The government is expected to report Wednesday that factory orders for long-lasting manufactured goods fell in August after rising in July. Manufacturing has been one of the strongest parts of the economy since the recession ended.
Investors also remain focused on Europe. Stocks have soared this week on hopes that the region is moving closer to resolving its debt crisis.
About 90 minutes before the opening, Dow Jones industrial average futures are up 64 points, or 0.6 percent, at 11,184. Standard & Poor’s 500 futures are up 7, or 0.6 percent, at 1,176. Nasdaq 100 futures are up 11, or 0.5 percent, at 2,265.