Futures gain as global surveys boost rebound hopes

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REUTERS: U.S. stock index futures rose on Tuesday, as Apple share climbed and upbeat manufacturing sector surveys in China and Europe set the tone ...

REUTERS: U.S. stock index futures rose on Tuesday, as Apple share climbed and upbeat manufacturing sector surveys in China and Europe set the tone for United States factory activity data, due later in the day.

ISM survey data at 10 a.m. ET is likely to show U.S. manufacturing activity expanded slightly last month after hitting a 1-1/2 year high in July. Wall Street's main indexes recorded their fifth straight monthly gain on Monday following massive central bank support, U.S. government aid and demand for tech-focused stocks, even as the S&P 500 and Dow finished the session lower in month-end trading.The Nasdaq and S&P 500 have set consecutive new all-time highs recently, but the blue-chip Dow is still about 4per cent below its February high.

 

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