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European markets were under pressure as euro
zone finance ministers met to discuss a cash-for-reforms deal
for Greece, which faces a series of debt repayments this week.
U.S. stock indexes ended more than 1 percent higher on Friday
after data showed that U.S. job growth rebounded last month,
suggesting underlying strength in the economy. The unemployment
rate dropped to a near seven-year low.
Asian shares rose as investors cheered China's third rate cut in
six months.
Zulily shares jumped 18.4 percent to $15.75 in premarket
trading, after Alibaba bought a 9 percent stake in the online
retailer. Alibaba was down marginally at $86.73.
Actavis rose 3.1 percent to $302 after the drugmaker's revenue
jumped almost 60 percent, helped by higher sales of its branded
drugs in North America.
Salesforce <CRM.N> down 2.9 percent at $70.26 after Microsoft <MSFT.O>
said it was currently not weighing an offer for the cloud
software maker.
Noble Energy <NBL.N> up 0.3 percent at $49.29 after it said it
will buy Rosetta Resources Inc <ROSE.O> for about $2 billion in
an all-stock deal to enter the Eagle Ford shale field and the
Permian basin in Texas.
Futures snapshot at 7:11 a.m. ET
S&P 500 e-minis were down 1.25 points, or 0.06 percent, with
83,222 contracts changing hands.
Nasdaq 100 e-minis were down 1 points, or 0.02 percent, in
volume of 10,237 contracts.
Dow e-minis were down 7 points, or 0.04 percent, with 13,257
contracts changing hands.
(Editing by Saumyadeb Chakrabarty)
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