Investing.com - U.S. stock futures pointed to a higher open on Monday, even after upbeat U.S. jobs data added to expectations for a near-term end to the Federal Reserve's stimulus program, as second quarter earnings season was set to begin later in the day.
Ahead of the open, the Dow Jones Industrial Average futures pointed to a 0.49% increase, S&P 500 futures signaled a 0.58% gain, while the Nasdaq 100 futures indicated a 0.63% climb.
Official data on Friday showed that the U.S. economy added 195,000 jobs in June, more than the 165,000 increase forecast by economists.
May's figure was revised up to 195,000 from a previously reported 175,000. The unemployment rate remained unchanged at 7.6% in June.
Financial stocks were expected to be active, after a strong rebound on Friday and as European lenders continued to rally on Monday. Bank of America shares were up 0.69% in pre-market trade, while Citigroup climbed 0.60%.
Aluminum producer Alcoa was also likely to be in focus, up 0.51% in early trading, as the company was set to kick off second-quarter earnings season later in the day.
Elsewhere, Dell was slated to remain in the spotlight following reports Michael Dell and Silver Lake will not raise their USD24.4 billion buyout bid.
In the same sector, Apple was up 0.61% pre-market, despite the fact that downbeat numbers from rivals Samsung and HTC last week sparked concerns that the market for smartphone makers may be reaching saturation.
Across the Atlantic, European stock markets were sharply higher The EURO STOXX 50 surged 2.08%, France’s CAC 40 rallied 1.83%, Germany's DAX jumped 2.26%, while Britain's FTSE 100 advanced 1.05%.
During the Asian trading session, Hong Kong's Hang Seng Index plummeted 1.31%, while Japan’s Nikkei 225 Index retreated 1.4%.
Ahead of the open, the Dow Jones Industrial Average futures pointed to a 0.49% increase, S&P 500 futures signaled a 0.58% gain, while the Nasdaq 100 futures indicated a 0.63% climb.
Official data on Friday showed that the U.S. economy added 195,000 jobs in June, more than the 165,000 increase forecast by economists.
May's figure was revised up to 195,000 from a previously reported 175,000. The unemployment rate remained unchanged at 7.6% in June.
Financial stocks were expected to be active, after a strong rebound on Friday and as European lenders continued to rally on Monday. Bank of America shares were up 0.69% in pre-market trade, while Citigroup climbed 0.60%.
Aluminum producer Alcoa was also likely to be in focus, up 0.51% in early trading, as the company was set to kick off second-quarter earnings season later in the day.
Elsewhere, Dell was slated to remain in the spotlight following reports Michael Dell and Silver Lake will not raise their USD24.4 billion buyout bid.
In the same sector, Apple was up 0.61% pre-market, despite the fact that downbeat numbers from rivals Samsung and HTC last week sparked concerns that the market for smartphone makers may be reaching saturation.
Across the Atlantic, European stock markets were sharply higher The EURO STOXX 50 surged 2.08%, France’s CAC 40 rallied 1.83%, Germany's DAX jumped 2.26%, while Britain's FTSE 100 advanced 1.05%.
During the Asian trading session, Hong Kong's Hang Seng Index plummeted 1.31%, while Japan’s Nikkei 225 Index retreated 1.4%.