Stock futures point to rebound after sell-off; Spain eyed
NEW YORK (Reuters) – Stock futures rose on Tuesday, indicating the S&P 500 may rebound from sharp losses in the prior session, but gains were muted after a Spanish bill auction met with falling demand. U. S. stocks fell in the prior session to put the S&P 500 near break-even for June so far, as investors saw little reason to be optimistic about a European Union summit this week. Spain’s short-term borrowing costs nearly tripled at auction when the country sold 3. 08 billion euros of its short-term debt, as the Treasury paid the highest rates to sell the paper since November. . . .
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