LONDON: U.S. stock futures tilted higher Tuesday, as calm seemed to return to markets after a Greek-led selloff drove Wall Street to its worst session of the year the day before.
Investors are also set to wrap up the second quarter and the month, with a reading on consumer confidence and an update from the housing sector ahead.
Futures for the Dow Jones Industrial Average YMU5, +0.59% rose 44 points, or 0.3%, to 17,565.00, while those for the S&P 500 index ESU5, +0.72% were higher by 6.5 points, or 0.3%, at 2,057.00. Futures for the Nasdaq 100 index NQU5, +0.54% rose 9 points, or 0.2%, to 4,387.00.
On Monday, stocks worldwide fell after negotiations aimed at steering Greece away from debt default broke down. On Wall Street, the S&P 500 index SPX, -2.09% and the Dow Jones Industrial Average DJIA, -1.95% each lost their gains for the year, as they fell 2.1% and 2%, respectively. DJIA, -1.95% The Nasdaq Composite COMP, -2.40% tumbled 122.42 points, or 2.4%, to 4,958.47.
For the quarter, the Nasdaq is holding to a thin gain of 1.2%, while the Dow and S&P 500 were looking at losses of 1% and 0.5%, respectively. The indexes are each facing declines of more than 2% for the month.