Stock futures firm as bank tensions ease and traders eye Fed

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Stock futures firm as bank tensions ease and traders eye Fed
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U.S. stock futures wer extending gains for the week as anxiety about the banking sector eased and traders eyed the looming Federal Reserve rate decision

U.S. stock futures were extending gains for the week as anxiety about the banking sector eased and traders eyed the looming Federal Reserve rate decision.

How are stock-index futures trading On Monday, the Dow Jones Industrial Average DJIA rose 383 points, or 1.2%, to 32245, the S&P 500 SPX increased 35 points, or 0.89%, to 3952, and the Nasdaq Composite COMP gained 45 points, or 0.39%, to 11676. But the S&P 500 finished Monday up 0.9% as many recently battered banking shares rallied in the U.S. and Europe — the latter helped in particular by central banks clarifying the position of higher risk bonds in the capital structure.

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