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Monday, 08/25/2014 7:17:40 AM

Monday, August 25, 2014 7:17:40 AM

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U.S. stocks: Futures higher as Draghi lifts Europe
MADRID (MarketWatch) — U.S. stock futures moved higher early Monday, inspired by merger news and gains from European markets, which rose on hints of more stimulus from European Central Bank President Mario Draghi.

New-home sales data is among indicators to watch, while shares of Burger King Worldwide Inc. and InterMune Inc. could gain on deal news.

Futures for the Dow Jones Industrial Average DJU4, +0.28% rose 50 points, or 0.3%, to 17,043, while those for the S&P 500 index SPU4, +0.27% gained 6.2 points, or 0.3%, to 1,994. Futures for the Nasdaq-100 index NDU4, +0.45% added 15.5 points, or 0.4%, to 4,070.50.

Stocks closed lower on Friday, with both the S&P 500 SPX, -0.20% and Dow industrials DJIA, -0.22% snapping four-day winning streaks. For the week, both the Nasdaq Composite COMP, +0.14% and the S&P 500 rose 1.7%, while the Dow industrials rose 2%.

The Chicago Fed national activity index for July will be released at 8:30 a.m. Eastern, while new home sales for July are due at 10 a.m. Eastern. http://www.marketwatch.com/story/us-stocks-futures-higher-as-draghi-lifts-europe-2014-08-25

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