US STOCKS-Futures rise, S&P's all-time intraday high in view

Tue Apr 2, 2013 8:05am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

* U.S. market tracks rise in Europe on M&A activity

* Verizon/AT&T may make break-up bid for Vodafone -report

* February factory orders expected to show solid rise

* Futures up: Dow 59 pts, S&P 7.2 pts, Nasdaq 19.25 pts

By Ryan Vlastelica

NEW YORK, April 2 (Reuters) - U.S. stock index futures rose on Tuesday, pointing to a rebound from the previous session and tracking a rise in European equities.

The gain in futures puts the S&P 500 again within striking distance of its all-time intraday high of 1,576.09, an important psychological level for investors. Last week, the benchmark index set an all-time closing high.

While moves may be limited this week ahead of the U.S. monthly payrolls report on Friday, investors will be looking to the latest economic data for signs of economic strength.

February factory orders are scheduled for release at 10 a.m. (1400 GMT) and are seen rising 2.9 percent, compared with a 2 percent drop in the previous month.   Continued...