U.S. stock futures point to a stronger start Monday, tracking gains made overseas, as analysts see little resistance to a continued flow of cheap money that’s propelled markets 60% from the lows of the year.
Gold futures climbed to new heights to above $1,100 an ounce, as the U.S. dollar fell against other major currencies, burnishing the investment appeal of the precious metal.
Kraft Foods on Monday launched a hostile 9.8 billion pound ($16.46 billion) bid for Cadbury after its previous approaches to the U.K. chocolate maker were rebuffed.
Among the shares expected to see active trade in Monday's session are those of major managed care companies such as Wellpoint Inc. and Humana Inc., as well as Dish Network, EchoStar and Teton Energy.
Macaumay need to implement emergency water rationing, as the Chinese gambling hub’s reservoirs have dwindled to just a 10-day supply, according to a media report.