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US futures follow European shares higher

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[September 07, 2011]  NEW YORK (AP) -- U.S. stock futures are following European shares higher.

The Stoxx 600 Europe index is up more than 2 percent after a German court upheld the country's role in bailing out other countries in the European Union.

Investors will receive reports Wednesday on U.S. job openings in June and a snapshot of business conditions around the nation.

Yahoo shares are up 7 percent in premarket trading after it announced that CEO Carol Bartz had been fired. Bank of America is up 3 percent after announcing two top officers will leave the company.

Two hours before the opening bell, Dow futures are up 112 points, or 1 percent, to 11,240. S&P 500 futures are up 13, or 1.1 percent, to 1,177. Nasdaq 100 futures are up 22, or 1.1 percent, to 2,188.

[Associated Press; By DAVID K. RANDALL]

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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