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New orders for U.S.-made goods is expected to
have risen 2 percent in March compared with a 0.2 percent
increase the prior month. The data is expected at 10:00 a.m. EDT
(1400 GMT).
Wall Street closed sharply higher on Friday as consumer
sentiment jumped and vehicle sales for GM <GM.N> and Ford <F.N>
were stronger-than-expected in April, while manufacturing
expansion in the month held steady at near a two-year low.
European shares rose on Monday, led by Germany after data showed
the country's manufacturing sector continued to expand in April.
Data also showed that factory activity in China in April saw its
biggest drop in a year, hardening the case for fresh stimulus
from Beijing.
Comcast <CMCSA.O> shares rose 1.9 percent to $59.50 in premarket
trading, after the largest U.S. cable operator posted a
better-than-expected first-quarter profit.
Cognizant <CTSH.O> shares increased 4.7 percent to $61.89, after
the IT service provider reported a better-than-expected rise in
quarterly revenue, and raised its full-year forecast.
Investors will also keep an eye on McDonald's <MCD.N>, which is
expected to unveil a much-awaited turnaround plan to
reinvigorate the company.
Earnings expected on Monday include Cablevision, Tyson Foods
before the bell and Anadarko <APC.N> after the close.
Futures snapshot at 7:06 a.m. EDT (1106 GMT)
S&P 500 e-minis were up 5 points, or 0.24 percent, with 78,655
contracts changing hands.
Nasdaq 100 e-minis were up 6.25 points, or 0.14 percent, in
volume of 17,659 contracts.
Dow e-minis were up 56 points, or 0.31 percent, with 13,710
contracts changing hands.
(Reporting by Tanya Agrawal; Editing by Savio D'Souza)
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