Stock futures point to higher open

[November 25, 2009]  WASHINGTON (AP) -- Stock futures are pointing to a higher open ahead of fresh economic reports on consumer spending, the job market and new home sales.

Overseas markets were also higher, lifted by the expectation that interest rates will remain low.

Investors are entering trading Wednesday awaiting an updated reading on U.S. personal income and spending, the latest weekly report on new unemployment claims and data on October home sales.

Dow Jones industrial average futures are up 36, or 0.4 percent, at 10,441. Standard & Poor's 500 index futures are up 4.90, or 0.4 percent, at 1,108.00, while Nasdaq 100 index futures are up 9.00, or 0.5 percent, at 1,795.50.

[Associated Press; By IEVA M. AUGSTUMS]

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