Stock futures point to higher open for Wall Street
Stock index futures pointed to a higher open on Monday for Wall Street, which fell on Friday.
At 5:46 a.m. EDT, futures for the Dow Jones, S&P 500 and Nasdaq were up between 0.3 and 0.5 percent.
The FTSEurofirst 300 <.FTEU3> index of leading European shares was up 0.1 percent at 1,009.94 points with gains for utilities offset by falls for banks.
There is little scheduled in the way of economic news for Monday, with the highlight of the week likely to be on Thursday, when GDP data may show the U.S. economy returned to growth.
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The dollar fell to a 14-month low of $1.5064 against the euro on Monday as a Chinese report saying Beijing should increase its holdings of euros and yen in its foreign reserves led investors to sell the greenback.
Oil fell for a third day to around $80 a barrel on Monday, extending its retreat from last week's one-year high, on renewed concerns about the strength of the global economy.
HealthSouth Corp
Billionaire activist investor Nelson Peltz will be elected to Legg Mason Inc's
U.S. stocks fell on Friday, with the major indexes slipping for the first week in three, as industrial companies' weak results overshadowed robust earnings from tech and retail heavy-weights.
The blue-chip Dow average <.DJI> finished below 10,000, but is still up 54 percent from the March low as investors grow more confident that the economy will recover, and as corporate earnings beat expectations.
(Reporting by Brian Gorman; Editing by David Cowell)
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