US stocks- Futures edge higher
04 May 2015, Nirapad News: US stock index futures were higher on Monday ahead of data that is expected to show demand for US manufactured goods rose in March, sending factory orders up and signaling that the sector is strengthening despite a stronger dollar. Wall Street closed sharply higher on Friday as consumer sentiment jumped and vehicle sales for GM and Ford were stronger-than-expected in April, while manufacturing expansion in the month held steady at near a two-year low. Investors will also keep an eye on McDonald’s, which is expected to unveil a much-awaited turnaround plan to reinvigorate the company.
Earnings expected on Monday include Cable vision, Tyson Foods before the bell and Anadarko after the close. Futures snapshot at 7:06 a.m. EDT (1106 GMT). S&P 500 e-minis were up 5 points, or 0.24 per cent, with 78,655 contracts changing hands. Nasdaq 100 e-minis were up 6.25 points, or 0.14 per cent, in volume of 17,659 contracts. Dow e-minis were up 56 points, or 0.31 per cent, with 13,710 contracts changing hands.