Thursday, March 15, 2012

US stock futures rise on Greece rescue hopes

U.S. stock futures rose Thursday as investors' attention remains focused on a potential rescue package for Greece.

European markets rose as expectations grew that European leaders would soon announce a plan to support the debt-burdened country.

Stocks around the world have been shaken in recent weeks by concerns that debt trouble in countries like Greece, Portugal and Spain would unravel a budding global economic recovery. There is concern that Greece's troubles will spread throughout the 16-nation euro zone and cause problems elsewhere.

Investors are growing confident, however, that stronger countries in Europe like Germany and France will step …

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