US Stock Futures Up Ahead Of Economic Data

US stock futures are higher this morning, as investors are awaiting personal income and spending data. Futures for the Dow Jones Industrial Average surged 58 points to 13,136.00 and S&P 500 index futures rose 7.20 points to 1,405.40. Nasdaq 100 futures gained 13.75 points to 2,772.00. US stocks closed mixed on Thursday, with the Dow Jones Industrial Average rising 0.15% to 13,145.82, the S&P 500 index dropping 0.16% to 1,403.28 and the Nasdaq 100 index declining 0.31% to 3,095.36. Data on February personal income and spending will be released at 8:30 a.m. ET. The Chicago-area purchasing managers' index will be released at 9:45 a.m. ET and final March consumer sentiment figures will be released at 9:55 a.m. ET. Feihe International Inc

is estimated to report its Q4 EPS at $0.23 on revenue of $71.29 million. Finish Line

is projected to report its FQ4 earnings at $0.81 per share on revenue of 432.6 million. Kid Brands Inc

is expected to report its Q4 EPS at $0.14 on revenue of $71.80 million. ENGlobal Corp

is expected to report its Q4 EPS at $0.03 on revenue of $81.50 million. Research in Motion Limited

swung to a loss in its fiscal fourth quarter. Xyratex Ltd

reported downbeat quarterly sales and issued a weak Q2 forecast. Tibco Software Inc

reported a rise in its Q1 profit. The company's board also authorized a new $300 million share buyback program. European markets were higher today. The STOXX Europe 600 Index surged 0.92%, London's FTSE 100 Index moved up 0.63%, French CAC 40 index rose 1.18% and German DAX 30 index gained 0.97%. Asian markets ended mixed, with Japan's Nikkei Stock Average dropping 0.31%, China's Shanghai Composite gaining 0.47% and Australia's S&P/ASX 200 moving down 0.05%. Hong Kong's Hang Seng index fell 0.26% and India's Sensex gained 1.81%. Nymex crude oil futures gained $0.56 to $103.34 a barrel. Gold futures climbed $8.80 to $1,663.70 an ounce. The dollar index (DXY) declined 0.4% to 78.890. The euro rose 0.3% against the dollar to trade at $1.3344. The dollar fell 0.2% versus the Japanese yen to trade at 82.09 yen.