US futures mixed with worrisome news from Asia

U.S. stock futures were mixed Tuesday ahead of a report expected to signal further gains in the housing market, while a downgrade of Japan's credit rating sent an early shudder through the market.

Wall Street set for flat open; Facebook down premarket

NEW YORK (Reuters) - Wall Street was set to open little changed on Tuesday as concerns about global growth weighed on investor sentiment. Stock index futures rose earlier as shares of No. 1 consumer electronics chain Best Buy jumped following earnings and revenue that topped expectations. But as the stock erased gains to turn lower, the market also gave up gains to trade flat. Investors were hopeful that European leaders would come up with a way to tackle the region's financial crisis, but worries about global economic growth curbed risk appetite. ...

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Stocks futures turn higher after Best Buy results

NEW YORK (Reuters) - Stock index futures rose on Tuesday, erasing earlier losses, after shares of No. 1 consumer electronics chain Best Buy jumped following earnings and revenue that topped expectations. Futures had started off weak on news that Japan's sovereign rating was cut by Fitch as a political stalemate dimmed chances the country could curb its snowballing debt. But the market trimmed losses to trade higher after Best Buy Co Inc posted earnings, excluding items, of 72 cents a share, up from 65 cents a share a year ago, and higher than Wall Street's expectation of 59 cents share. ...

US futures climb despite worrisome news from Asia

U.S. stock futures are rising ahead of a report expected to signal further gains in housing, but a downgrade of Japan's credit rating sent an early shudder through the market.