US stock futures rise ahead of talks on Greek debt

September 14, 2011 - 8:10 AM
Wall Street

FILE - In this Sept. 6, 2011 file photo, Edward Zelles, left, and William Bott, both of Barclays Capital, work on the floor of the New York Stock Exchange. Stock markets rose Wednesday, Sept. 14, 2011, despite a downgrade of two of France's biggest banks, with traders hoping for some progress on Greece's debt crisis emerging from a teleconference later between the leaders of Greece, France and Germany.(AP Photo/Henny Ray Abrams, File)

NEW YORK (AP) — Stock futures are rising, tracking European markets higher ahead of a meeting on Greece's debt troubles and the release of fresh U.S. economic data.

The leaders of France, Germany and Greece are scheduled to meet on Wednesday. They're expected to discuss ways to contain the debt crisis that has roiled financial markets.

Ahead of the market opening, the U.S. government will report on retail sales in August. Economists expect a 0.2 percent rise, slower growth than in July as fears mounted that the U.S. was slipping into a recession and the stock market took a steep fall.

Two hours ahead of the opening bell, Dow Jones industrial average futures are up 59 points, or 0.5 percent, to 11,080. S&P 500 index futures are up 8 to 1,172. Nasdaq 100 futures are up 15, or 0.7 percent, to 2,230.