U.S. stock index futures edged higher on Tuesday, looking to bounce back from two sessions of declines triggered by pessimism around global growth.
REUTERS: Wall Street's major indexes were set for a strong opening on Tuesday, attempting a rebound after two sessions of declines fueled by fears of slowing global economic growth.
"The fact that markets were beaten up so much on Friday, people were looking at the yield curve and the stock market selling off and thought things were getting weaker, but that panic phase may have passed," said Scott Brown, chief economist at Raymond James in St. Petersburg, Florida. Apple Inc's shares rose 1.2 percent in premarket trading, a day after the iPhone maker unveiled its video streaming service, a credit card and an online gaming arcade. The company's shares fell 1.2 percent on Monday as its new services failed to impress investors.
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