Stock futures point to higher Wall Street open

[November 09, 2009]  ENGLEWOOD, Colo. (AP) -- Stock futures are pointing to a sharply higher open on Wall Street after a weekend meeting of world financial leaders raised hopes for the global economy.

U.S. stock index futures are following the lead of overseas markets, which are up Monday after officials from the Group of 20 countries agreed to keep their economic stimulus measures in place.

Investors are awaiting retailers' earnings reports for a sense of how much consumers are spending, especially as the holiday season approaches.

Stock futures also got a lift as the House approved the health care reform bill.

Dow Jones industrial average futures are up 103, or 1 percent, at 10,081. Standard & Poor's 500 index futures are up 11.80, or 1.11 percent, at 1,078.00, while Nasdaq 100 index futures are up 15.25, or 0.9 percent, at 1,745.00.

[Associated Press; By IEVA M. AUGSTUMS]

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