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* EU
Economic Commissioner Pierre Moscovici said he was "convinced"
that euro zone leaders holding an emergency meeting in Brussels
on Monday would find a way out of the Greek crisis.
* Global stocks were higher on Monday with European shares
hitting their highest level in over a week on the hope of a
solution to Greece's debt crisis.
* U.S. stocks closed lower on Friday as Greek worries weighed
but the three major indexes were higher for the week on hopes
that the U.S. Federal Reserve's planned rate hike will be slower
than previously anticipated.
* Sales of previously owned homes likely recovered last month,
data from the National Association of Realtors is
expected to show. Economists expect existing home sales to have
jumped 4.4 percent to a 5.26 million unit-rate in May. The data
is expected at 8:30 a.m. ET
* The futures were also boosted by M&A chatter over the weekend
as companies rush to make the best of the zero-rate interest
environment before an expected hike this year.
* Cigna's shares rose 8.2 percent to $168 in premarket trading
after the health insurer rebuffed Anthem's $47 billion merger
proposal on Sunday. Anthem inched up 0.3 percent to $165.50.
* Humana <HUM.N> was up 2.9 percent at $208.25 as sources said
Cigna along with Aetna <AET.N> are participating in an auction
to acquire the company. Aetna was up 0.7 percent at $125.
* Williams Cos jumped 28.8 percent to $62.25 after Energy
Transfer Equity confirmed it had made a $48 billion unsolicited
bid for the natural gas pipeline company. Williams rejected the
offer as too low.
* Fitbit rose 7.7 percent to $34.98, building on last week's
impressive IPO, which valued the maker of wearable
fitness-tracking devices at $6.5 billion.
Futures snapshot at 7:17 a.m. ET:
* S&P 500 e-minis were up 16 points, or 0.76 percent, with
150,178 contracts traded.
* Nasdaq 100 e-minis were up 37.5 points, or 0.83 percent, on
volume of 20,139 contracts.
* Dow e-minis were up 132 points, or 0.74 percent, with 17,138
contracts changing hands.
(Editing by Don Sebastian)
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