NEW YORK (AP) — U.S. market futures are rising, boosted by a better-than-expected report on unemployment claims and a strong report from a private payroll company on hiring.
Traders are also taking a cue from world markets, which gained on hopes that the European Central Bank will take action to ease Europe’s debt crisis.
Dow Jones industrial average futures are up 61 at 13,111. S&P 500 futures added 6 to 1,409. Nasdaq 100 futures gained 11.5 to 2,778.
Germany’s DAX is up 1.2 percent. France’s CAC-40 rose 1.2 percent. Britain’s FTSE added 0.8 percent. Asian markets posted modest gains.
Stocks to watch include Amazon Inc., which is expected to unveil a new Kindle Fire Thursday, and Supervalu Inc., the grocery chain disclosed plans to close 60 stores as part of its turnaround effort.