Futures rise as budget talks continue - KTTC Rochester, Austin, Mason City News, Weather and Sports

Futures rise as budget talks continue


NEW YORK (AP) -- Stock futures are rising again, adding to a 300-point gain on the Dow Jones, with the odds of the first U.S. default in history at least appearing to grow slimmer.

The partial government shutdown pushed the Dow below 15,000 for a week before President Barack Obama and House Republicans held urgent meetings Thursday to try to hammer out a deal.

J.P. Morgan Chase, rattled by massive legal expenses, is reporting a loss for the third quarter.

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