U.S. Futures Inch Higher, Hong Kong Stocks Stabilize

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U.S. futures edged higher Tuesday, suggesting American markets could regain some after concerns about the Chinese property sector helped fuel a global selloff Monday

U.S. futures edged higher, suggesting American markets could regain some ground Tuesday, after concerns about the Chinese property sectorIn Asia, Hong Kong’s flagship Hang Seng Index fell as much as 1.

3% in early trading but quickly recouped most of those losses. It stood 0.2% lower by mid-morning local time Tuesday. A real-estate-fueled pullback on Monday had helped push the index to its lowest level in nearly a year.

 

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