US stock futures poised to start the week higher

The Associated Press Published:

Wall Street looked ready to start the week with a slight gain as U.S. stock futures edged up Monday in pre-market trading.

KEEPING SCORE: Dow Jones industrial average futures were up 35 points, or 0.2 percent, to 16,256 as of 8:50 a.m. Eastern time. Standard & Poor's 500 index futures were up five points, or 0.3 percent, to 1,862 and Nasdaq futures were up 13 points, or 0.3 percent, to 3,652.

CHINA WATCH: Asian stock markets got a boost on expectations of economic stimulus in China. A report showed that China's manufacturing fell to an eight-month low in March in another sign of slowing growth in the world's No. 2 economy.

TREASURYS AND COMMODITIES: The yield on the 10-year U.S. Treasury note climbed to 2.76 percent from 2.74 percent late Friday. The price of crude oil rose 59 cents to $100.05 a barrel. Gold sank $18.70 to $1,317.40 an ounce.

EUROPE: Major indexes were mostly lower in Europe. Both Germany's DAX and France's CAC-40 dropped 0.2 percent. Britain's FTSE 100 slipped 0.1 percent.

ASIA: Hong Kong's Hang Seng surged 2.8 percent. Japan's Nikkei gained 1.8 percent.