Futures Rise as Banking Crisis Fears Ebb, Economic Data in Focus

U.S. stock index futures climbed on Wednesday as easing worries about a banking crisis lifted risk sentiment, while investors awaited economic data to assess the Federal Reserve’s monetary policy path. Market jitters about stress in the banking system have been soothed in recent days by a U.S. regulator-backed sale of failed lender Silicon Valley Bank’s assets as well as lack of …