Investing.com - U.S. stock futures pointed to a moderately higher open on Monday, as investors turned to a meeting of European finance ministers later in the day to discuss the restructuring of Greece’s sovereign debt.
Ahead of the open, the Dow Jones Industrial Average futures pointed to a rise of 0.16%, S&P 500 futures signaled a 0.07% gain, while the Nasdaq 100 futures indicated a 0.09% increase.
On Sunday, Greece’s creditors said they had reached their maximum offer for a voluntary debt swop and said it was now up to the EU and the International Monetary Fund to agree on whether they can accept the deal.
The restructuring agreement is a precondition for Athens to receive its next tranche of bailout funds in order to avert a default when a EUR14.4 billion bond redemption comes due on March 20.
Oil and gas companies were expected to be active as gas producer Apache is planning to buy privately owned Cordillera Energy Partners III in a cash-and-stock deal valued at USD2.85 billion to expand its acreage of oil and petroleum liquid fields.
Meanwhile, Halliburton, the world's second-largest oilfield services company, is expected to report a sharply higher quarterly profit, and will be watched for any indication of how the U.S. hydraulic fracturing market is holding up.
Also in earnings, Texas Instruments is expected to report weak fourth-quarter results due to broad-based soft demand.
Elsewhere, News Corp was slated to be in focus as the group is considering bidding for Turkish group Calik Holding's media assets ATV and Sabah, according to the Wall Street Journal.
Research in Motion saw shares surge 4.12% in pre-market trade as co-founders and CEOs Jim Balsillie and Mike Lazaridis bowed to investor pressure and stepped down from their roles at the struggling Blackberry maker over the weekend.
Other stocks in focus included U.S. railroad operator CSX, due to report results after the close.
Across the Atlantic, European stock markets were higher. The EURO STOXX 50 climbed 0.43%, France’s CAC 40 advanced 0.54%, Germany's DAX rose 0.44%, while Britain's FTSE 100 jumped 0.65%.
During the Asian trading session, Hong Kong's Hang Seng Index was closed to welcome in the Chinese Year of the Dragon, while Japan’s Nikkei 225 Index was down 0.01%.
Ahead of the open, the Dow Jones Industrial Average futures pointed to a rise of 0.16%, S&P 500 futures signaled a 0.07% gain, while the Nasdaq 100 futures indicated a 0.09% increase.
On Sunday, Greece’s creditors said they had reached their maximum offer for a voluntary debt swop and said it was now up to the EU and the International Monetary Fund to agree on whether they can accept the deal.
The restructuring agreement is a precondition for Athens to receive its next tranche of bailout funds in order to avert a default when a EUR14.4 billion bond redemption comes due on March 20.
Oil and gas companies were expected to be active as gas producer Apache is planning to buy privately owned Cordillera Energy Partners III in a cash-and-stock deal valued at USD2.85 billion to expand its acreage of oil and petroleum liquid fields.
Meanwhile, Halliburton, the world's second-largest oilfield services company, is expected to report a sharply higher quarterly profit, and will be watched for any indication of how the U.S. hydraulic fracturing market is holding up.
Also in earnings, Texas Instruments is expected to report weak fourth-quarter results due to broad-based soft demand.
Elsewhere, News Corp was slated to be in focus as the group is considering bidding for Turkish group Calik Holding's media assets ATV and Sabah, according to the Wall Street Journal.
Research in Motion saw shares surge 4.12% in pre-market trade as co-founders and CEOs Jim Balsillie and Mike Lazaridis bowed to investor pressure and stepped down from their roles at the struggling Blackberry maker over the weekend.
Other stocks in focus included U.S. railroad operator CSX, due to report results after the close.
Across the Atlantic, European stock markets were higher. The EURO STOXX 50 climbed 0.43%, France’s CAC 40 advanced 0.54%, Germany's DAX rose 0.44%, while Britain's FTSE 100 jumped 0.65%.
During the Asian trading session, Hong Kong's Hang Seng Index was closed to welcome in the Chinese Year of the Dragon, while Japan’s Nikkei 225 Index was down 0.01%.