Worries about Deutsche Bank (DB) have recently weigh on its shares and those of its European banking peers, but the U.S. market is seeing more calm this morning than it did yesterday, when a report from Bloomberg about some hedge fund clients having pulled some cash and trading positions from the German bank was blamed for starting a wider market selloff. Deutsche Bank CEO John Cryan, seeking to reassure the bank's staff, has told employees that the departure of any hedge fund clients was "small" compared to its 20M total customers, Reuters reports and the market appears to be receiving the message well, as Deutsche Bank shares trading in New York are up 6.5% in early trading. Earlier, it was reported that personal income rose 0.2% in August, as expected, and that consumer spending was flat last month, versus expectations for personal spending to have risen 0.1%. Next up, the Chicago PMI for September is expected shortly and University of Michigan consumer confidence reading is scheduled for 10 am ET. In early trading, the Dow is up 116 points, the Nasdaq is up 22 points and the S&P is up 11 points.