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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: TideGlider who wrote (90576)	9/8/2010 9:13:45 AM
From: Hope Praytochange	1 Recommendation Respond to of 224717

Stock futures are slightly higher as investors tried to brush off fresh worries about the health of European banks. Strong demand at an auction for Portugal's debt early Wednesday helped push European markets higher and reverse an initial drop in U.S. stock futures. Major U.S. indexes retreated Tuesday after new questions surfaced about how much potentially risky government debt European banks are holding. That snapped a strong four-day rally in the U.S. where investor optimism grew following reports on employment and manufacturing that showed the economy continues to grow, although slowly. A report due out Wednesday afternoon from the Federal Reserve could provide further insight into the pace of the domestic recovery. The Fed's "beige book" report will break down economic activity across the country by region. The Fed has been cautious in its statements about the economy in recent months. Any signs of encouragement from the central bank could be considered further confirmation of last week's economic reports and restart the rally. Ahead of the opening bell, Dow Jones industrial average futures rose 31 to 10,369. Standard & Poor's 500 index futures rose 3.60 to 1,094.50, while Nasdaq 100 index futures rose 7.50 to 1,865.00.