Stock index futures point to higher Wall Street open
Stock index futures pointed to a higher start for Wall Street on Thursday ahead of a flurry of results as well as U.S. core personal consumption expenditure, jobless figures and Chicago PMI data.
* At 0901 GMT futures for the S&P 500 were up 1.7 percent, the Dow Jones futures gained 1.4 percent and the Nasdaq futures were 1.8 percent higher.
* The FTSEurofirst 300 <.FTEU3> index of top European shares was up 1.7 percent at 830.01 points, led by mining stocks, as a wave of European blue-chip earnings gave investors reason for optimism.
* Talks between the U.S. Treasury Department and Chrysler LLC lenders aimed at cutting the automaker's debt and keeping it out of bankruptcy broke down late on Wednesday, the Wall Street Journal reported, citing people familiar with the discussions.
The collapse of talks make it all but certain that Chrysler -- 80 percent controlled by private-equity firm Cerberus Capital Management LP
* Procter & Gamble
is expected to discuss what it is doing to attract cost-conscious shoppers when it reports fiscal third-quarter results. The company's earnings are expected to be unchanged from a year ago at 82 cents per share.
* A sharp drop in oil and gas prices is expected to have halved earnings at Exxon Mobil
* Dow Chemical
* Colgate-Palmolive
* When Motorola
* NYSE Euronext's
* Life insurer MetLife
* Key this quarter at Monster Worldwide
* Grocery chain Safeway
* Kellogg Co's
* Starbucks Corp
* Shares in Bank of America
* At 1230 GMT the Commerce Department releases March personal income and consumption data. Economists in a Reuters survey expect a fall of 0.2 percent in March income and a 0.1 percent decrease in spending.
* At 1345 GMT, the Institute of Supply Management Chicago releases April index of manufacturing activity. Economists in a Reuters survey forecast a reading of 35.0 in the month compared with 31.4 in March.
* U.S. stocks climbed on Wednesday after grim growth data offered hints of future expansion, a prospect reinforced by the hopeful comments from the Federal Reserve.
The Dow Jones industrial average <.DJI> gained 2.1 percent, the Standard & Poor's 500 Index <.SPX> rose 2.2 percent and the Nasdaq Composite Index <.IXIC> was 2.3 percent higher.
(Reporting by Joanne Frearson; Editing by Greg Mahlich)
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