U.S. stock futures rise on economic optimism
U.S. stock futures rose Monday on optimism surrounding the global economy ahead of this week's release of nonfarm payrolls figures. S&P 500 futures rose 4.2 points to 1,167.7 and Nasdaq 100 futures added 7 points to 1,958.75. Futures on the Dow Jones Industrial Average rose 28 points to 10,826. Stock futures lightly trimmed their advance the government reported personal income held unchanged in February, while spending rose 0.3%. "The mix of data aren't too surprising and shouldn't impact the markets much," said analysts at Action Economics. Though stocks were broadly flat on Friday, the Dow Jones Industrial Average rose 1% last week, the fourth week in a row the blue-chip index has gained and the sixth rise out of the last seven weeks.