U.S. stock futures rose early Tuesday, even as Silvio Berlusconi’s government in Italy continued to teeter and investors declined to buy Italian debt unless they received yields near 7%. Italy, the Wall Street Journal notes, may soon be unable to borrow on the public markets.
After a up-and-down day on Monday, the market looked ready to open higher. Dow futures rose 86 points to 12,093; S&P 500 futures rose 8.2 points to 1,265.7.
Bank stocks were trading higher with Bank of America (BAC) up 1.4% in pre-market trading and Morgan Stanley (MS) rising 1.8%. Slot machine maker WMS industries (WMS), which posted disappointing earnings on Monday after the close, slid 9%.
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