EghtesadOnline: U.S. stock index futures rose on Wednesday, suggesting a respite from a steep selloff that had pushed the S&P and the Dow Jones Industrial Average to their worst day in a month due to a political crisis in Italy.

EghtesadOnline: A worsening political crisis in Italy provoked a second day of selling on European markets, with the euro cut to an 11-month low, stocks punished and short-term borrowing costs surging for the government in Rome.