US futures rise ahead of housing, consumer reports

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Associated Press

Posted on September 25, 2012 at 8:05 AM

Updated Tuesday, Sep 25 at 9:02 AM

NEW YORK (AP) — Stock futures are rising ahead of a pair of reports that are expected to reveal a consumer more optimistic about the economy and a housing market on the mend.

Dow Jones industrial futures are up 22 points to 13,511. The broader S&P futures have added 1.4 points to 1,452.80. Nasdaq futures are up 6 points to 2,844.25.

The Conference Board posts its monthly consumer confidence index Tuesday and economists are looking for better numbers for August and September.

The Standard & Poor's/Case-Shiller home price index is expected to rise as well, following stronger-than-expected earnings from home builders and a string of solid federal housing reports.

World markets fell on concern over Europe's debt crisis. Standard & Poor's lowered its growth forecasts for the eurozone Tuesday.

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