US Stock Futures Signal Higher Start On Wall Street

US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 135 points to 15,123.00 and S&P 500 index futures rose 15.30 points to 1,633.70. Nasdaq 100 futures jumped 30.50 points to 2,967.50. US stocks closed lower on Friday, with the Dow Jones Industrial Average tumbling 0.70% to 15,070.18, the S&P 500 index falling 0.59% to 1,626.73 and the Nasdaq 100 index dropping 0.63% to 3,423.56. The Empire State manufacturing index for June will be released at 8:30 a.m. ET, while the NAHB housing market index for June will be released at 10:00 a.m. ET. Cavco Industries

announced its plans to buy full ownership of Fleetwood Homes. China Sunergy Co

is expected to report a Q1 loss at $1.01 per share on revenue of $67.00 million. Korn/Ferry International

is estimated to post its Q4 earnings at $0.31 per share on revenue of $223.58 million. European markets were higher today. The STOXX Europe 600 Index climbed 1.08%, London's FTSE 100 index gained 0.87%, French CAC 40 Index climbed 1.63% and German DAX 30 index rose 1.38%. Asian markets ended higher, with Japan's Nikkei Stock Average rising 2.73%, China's Shanghai Composite dropping 0.27% and Australia's ASX/S&P500 surging 0.62%. Hong Kong's Hang Seng Index rose 1.22% and India's Sensex jumped 0.74%.