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Dow, S&P futures rise as banks, energy stocks rebound

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Reuters

By Devik Jain (Reuters) – The Dow and S&P 500 futures rose on Friday as energy and banking shares rebounded from a sharp selloff that was triggered by growth worries and has put the indexes on track for their biggest weekly fall since mid-June. Energy firms such as Exxon Mobil Corp, Devon Energy Corp, Schlumberger NV, Occidental Petroleum Corp and Halliburton Co rose between 1% and 1.8% in premarket trading, tracking oil prices. Rate-sensitive lenders Wells Fargo & Co, Morgan Stanley, JP Morgan Chase & Co, Citigroup Inc, Goldman Sachs Group Inc and Bank of America Corp gained between 0.9% and …

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