US stock futures rise following wild week

August 15, 2011 - 7:59 AM
Wall Street

In this Aug. 12, 2011 photo, specialist Joe Mastrolia, right, works at his post on the floor of the New York Stock Exchange. World stocks started the week solidly Monday, Aug. 15, 2011,amid hopes that the recent sharp volatility in the markets may have run its course following a run of stronger than anticipated economic data.(AP Photo/Richard Drew)

NEW YORK (AP) — U.S. stock futures are rising, following Wall Street's wildest week since the 2008 financial crisis.

Asian and European markets are also up Monday after Japan said its economy shrank at just a 1.3 percent annual rate last quarter. Economists expected the country's earthquake to lead to a decline of more than twice that.

About two hours ahead of the opening bell, Dow Jones industrial average futures are up 43, or 0.4 percent, to 11,293. S&P 500 futures are up 5.60, or 0.5 percent, to 1,182.40. Nasdaq 100 futures are up 9.50, or 0.4 percent, to 2,187.

Last week, the Dow rose or fell by at least 400 points for four days straight. It was the first time that had ever happened.