Investors also continued to keep their eyes on corporate earnings reports. Futures for the Dow Jones Industrial Average were falling 30 points, or 13.66 points below fair value, at 13,003. Futures for the S&P 500 were down 4.2 points, or 2.96 points below fair value, at 1378, while futures for the Nasdaq 100 were up 2.5 points, or 3.57 points above fair value, at 2645. U.S. stocks on Friday soared after eurozone leaders stepped up their pledges to preserve the single-currency bloc. The Dow Jones Industrial Average settled above 13,000 the first time since May 7. The FTSE in London was rising 0.56% and the DAX in Germany was gaining 0.94%. Hong Kong's Hang Seng index settled up 1.61% and the Nikkei in Japan closed up 0.8%. The global markets climbed Monday as stimulus hopes increased ahead of the Federal Reserve's policy meeting on Tuesday and Wednesday and the European Central Bank's interest rate announcement on Thursday. "While a majority of economists recently polled by Reuters anticipate QE3 by year-end, few expect the Fed will take a significant measure this week," cautioned Phillip Futures analysts. "Nonetheless,
NEW YORK (TheStreet) -- U.S. stock futures were trading mixed Monday as traders awaited what's expected this week to be another weak nonfarm payrolls number, while hoping for a fresh round of action from the Federal Reserve and European Central Bank.
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