US futures again heading higher

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Associated Press

Posted on May 8, 2013 at 6:02 AM

Updated Wednesday, May 8 at 6:03 AM

NEW YORK (AP) — Stock futures are rising for the third consecutive day and markets at home and abroad appear to be heading for fresh record highs.

Dow Jones industrial futures are up 13 points to 14,996. The broader S&P futures have added 0.80 points to 1,621.40. Nasdaq futures are up 3.25 points to 2,949.75.

The Dow Jones industrials finished above 15,000 for the first time on Tuesday.

European markets rose Wednesday, with Spain saying that there will be no need for a financial bailout. Germany reported surprisingly strong industrial production figures.

Signs that Europe may have bottomed out come a day after the U.S. reported that Americans appear more optimistic about the economy and are more willing to take on debt.

Burger chain Wendy's met Wall Street expectations for first-quarter earnings and raised its full-year forecast Wednesday.

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