US stock futures point to higher open

    U.S. stock futures are rising ahead of government reports on consumer prices and factory output.

    Encouraging economic news, along with Mattel’s strong earnings report Friday, might carry markets to their first daily gains this week.

    The government plans to report on consumer prices in June. Economists expect modest increases in the cost of other goods were more than offset by falling food and energy prices. The report is due at 8:30 a.m. Eastern.

    The Fed reports 45 minutes later on factory output in June. Analysts expect a modest increase after two weak months.

    Ahead of the opening bell, Dow futures are up 20 points, or 0.2 percent, at 12,402. S&P 500 futures are up 2, or 0.2 percent, at 1,309. Nasdaq 100 futures are up 8, or 0.3 percent, at 2,342.