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Pale Blue Dot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-05-11 06:50 AM
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3. U.S. futures gain on Europe progress hopes
MADRID (MarketWatch) U.S. stock futures pointed to a higher opening for Wall Street on Monday, driven by optimism over Europes debt crisis after Italy announced additional fiscal measures and as investors awaited U.S. economic data.

Futures on the Dow Jones Industrial Average DJ1Z +0.95% rose 115 points, or 1%, to 12,115. Futures for the Standard & Poors 500 index SP1Z +0.97% gained 13.70 points, or 1.1%, to 1,257.20.

Nasdaq 100 futures ND1Z +0.98% rose 22 points, or 1%, to 2,325.25.

The Dow DJIA -0.0051% closed up 7% last week, the biggest weekly point gain in three years. The gains followed November data that showed a drop in the U.S. unemployment rate.
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