U.S. stock futures higher, with Wall Street set to extend last week’s gains

U.S. stock futures moved sharply higher on Monday, indicating Wall Street may extend gains seen late last week after data showed a strong increase in jobs created, but weaker-than-forecast wages. Dow futures rose 156 points, or 0.6%, to 25,516. S&P 500 futures gained 14.7 points, or 0.5%, to 2,803.50. Nasdaq 100 futures jumped 47 points, or 0.7%, to 7,171. On Friday, the Dow Jones Industrial Average soared 440.53 points to 25,335.74, finishing above the 25,000 level for the first time since Feb. 28. The S&P 500 and Nasdaq Composite rose 1.7% and 1.8%, respectively. Asia tracked Wall Street higher on Monday, with several indexes adding gains of 1% or more. The dollar index was flat and gold was modestly lower. Oil prices were drifting south.

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From:: Stock Market News

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