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US futures again heading higher

Wednesday - 5/8/2013, 10:01am  ET

In this Tuesday, April 16, 2013, photo, traders John Yaccarine, left, and James Dresch wortk on the floor of the New York Stock Exchange. World stock markets were pushed higher Wednesday May 8, 2013 by an improvement in China's trade and yet another record-busting session on Wall Street. (AP Photo/Richard Drew)

NEW YORK (AP) -- Stock futures are rising for the third consecutive day and markets at home and abroad appear to be heading for fresh record highs.

Dow Jones industrial futures are up 13 points to 14,996. The broader S&P futures have added 0.80 points to 1,621.40. Nasdaq futures are up 3.25 points to 2,949.75.

The Dow Jones industrials finished above 15,000 for the first time on Tuesday.

European markets rose Wednesday, with Spain saying that there will be no need for a financial bailout. Germany reported surprisingly strong industrial production figures.

Signs that Europe may have bottomed out come a day after the U.S. reported that Americans appear more optimistic about the economy and are more willing to take on debt.

Burger chain Wendy's met Wall Street expectations for first-quarter earnings and raised its full-year forecast Wednesday.


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