Investor Confidence Wavers as Asian Stocks Dip and China's Selloff Deepens
US equity futures rose as strong earnings from Big Tech companies Alphabet Inc. and Microsoft Corp. boosted investor confidence in the economy. Contracts on the S&P 500 climbed 0.3% after falling the most in two months on Tuesday. Nasdaq 100 futures were up over 1%. PacWest Bancorp's announcement of a rebound in deposits also eased concerns over regional banks.