US Stock Futures Point To Higher Opening Today

US stock futures moved up today, partially aided by lower-than-anticipated loans sought by European banks. While futures on the Dow Jones Industrial Average climbed 52 points, those on the S&P 500 added 6.7 points to 1042.00. Meanwhile, Nasdaq 100 futures rose 9.25 points to 1772.70. Investors today are awaiting the release of an estimated private-sector employment data by Automatic Data Processing Inc (ADP). A Chicago-area manufacturing gauge is also set to be released after the markets open. On the corporate front, Celgene Corp CELG, Abraxis Bioscience Inc ABII, Sanofi-Aventis SNY, Boeing Co BA and Argon ST Inc STST will remain in the forefront today. While CELG paid $2.9 billion in cash and stock for ABII, SNY coughed up $560 million to acquire privately held TargeGen. BA is also making waves in the M&A space, as it announced the acquisition of combat-systems provider STST for $34.50 a share. Read more from Benzinga's Markets.