Stock futures rise; Texas Instruments eyed
U.S. stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500 up 0.27 percent, Dow Jones futures up 0.24 percent and Nasdaq 100 futures up 0.21 percent at 4:46 a.m. EDT.
Texas Instruments Inc
Shares in Texas Instruments in Frankfurt
Echoing Texas Instruments, Dutch chip equipment maker ASML
The dollar hovered near its 2009 lows on Thursday, with the dollar index <.DXY>, which tracks its performance against a basket of six major currencies, edging down 0.2 percent to 76.927. The index dipped to 76.803 on Wednesday, its lowest level in almost a year, hit by firmer equity and commodity prices.
Oil rallied more than $1 to $72.40 a barrel on Thursday, up for a fourth day running, lifted by a softer dollar, gains in equities markets and soothing words from OPEC.
Japan's Nikkei <.N225> rose 2 percent, its biggest one-day gain in two weeks, as increased risk appetite lifted shares around Asia and helped banking stocks rebound after a recent slide. European stocks inched higher in morning trade, with tech shares such as Infineon
The day's earnings calendar includes results from National Semiconductor
Also, the Commerce Department releases July international trade at 8:30 a.m. EDT.
U.S. oil firm Chevron
Walt Disney Co
U.S. stocks closed higher for a fourth straight day on Wednesday, sending the Standard & Poor's 500 index to its best finish so far this year as industrial and technology companies gained from a weak dollar.
The Dow Jones industrial average <.DJI> was up 49.88 points, or 0.53 percent, at 9,547.22. The Standard & Poor's 500 Index <.SPX> gained 7.98 points, or 0.78 percent, at 1,033.37. The Nasdaq Composite Index <.IXIC> rose 22.62 points, or 1.11 percent, at 2,060.39. Wednesday's close for the S&P index was the highest since October 6 when it ended at 1,056.89.
(Reporting by Blaise Robinson; Editing by Greg Mahlich)
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