NEW YORK (AP) — Stock futures are rebounding as investors again focus on domestic economic issues rather than Europe, where the debt crisis is creating new burdens for countries like Spain.
Dow Jones industrial average futures are up 24 points to 12,455. Standard & Poor's 500 futures tacked on 2.4 points to 1,309 and Nasdaq futures are up 7.5 points to 2,534.
On Tuesday, Standard & Poor's/Case-Shiller issues its 20-city index of changes in home prices from March to April. From February to March, prices rose in most major cities for the first time in seven months. Since then, the supply of homes for sale has fallen, which could help boost prices further this year.
It's a different story in Spain, where 28 banks inundated by bad home loans were downgraded by Moody's.