U.S. stock index futures pointed to a 1 percent rise on Monday after the worst 3-day slide in 10 months, which came on fears that the White House plan to curb bank risk-taking would cut profits.

* Embattled Federal Reserve Chairman Ben Bernanke edged closer to winning support for a second term after the Senate Republican leader predicted confirmation. Bernanke's prospects appeared shaky last week, when two Senate Democrats announced their opposition, contributing to the stock selloff.

* Earnings season continues in full swing, with technology stocks in focus on Monday. Bellwethers Apple Inc and Texas Instruments Inc are both scheduled to report, as are Halliburton Co , AK Steel Holding Corp and Zions Bancorp .

* Also due to report this week are Dow components Boeing Co , DuPont, Johnson & Johnson , Procter & Gamble Co

, Travelers Co , Verizon Communications Inc , 3M Co , Caterpillar Inc and Chevron Corp .

* On the economic data front, December existing home sales are expected to be down 10 percent after rising 7.4 percent in November.

* S&P 500 futures gained 8.6 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures surged 75 points, while Nasdaq 100 futures added 8.75 points.

* Sam's Club, the warehouse club division of Wal-Mart Stores Inc said it would cut about 11,200 jobs, or 10 percent of its work force. The company said Sunday doesn't see any material impact from the layoffs.

* Bank of Hawaii Corp reported fourth-quarter earnings that beat expectations, though provisions for credit losses rose 44 percent.

* In overseas trading, Japan's Nikkei average <.N225> hit a four-week closing low on Monday, with exporters such as Toyota Motor Corp <7203.T> among the biggest losers, while European stocks were down slightly in morning trade, as investors took a breather after last week's steep three-session sell-off.

* Markets erased gains for the new year last week, with the Dow dropping 4.1 percent, the S&P 500 losing 3.9 percent and the Nasdaq tumbling 3.6 percent. It was the worst week for the S&P 500 and Nasdaq since October and the worst week for the Dow since March.

(Editing by Jeffrey Benkoe)

Investment Ben Bernanke Nikkei 225