Stock Futures Rise as Evergrande Contagion Fears Ease

U.S. stock futures rose as concerns over giant property developer China Evergrande Group eased and investors awaited a policy update from the Federal Reserve.

Futures tied to the S&P 500 edged up 0.3%, indicating that the broad market index may climb after the opening bell. Futures for the Dow Jones Industrial Average gained 0.3%, and contracts for the technology heavy Nasdaq-100 were up 0.2%.