REUTERS: U.S. stock index futures rose on Monday, buoyed by hopes of a U.S.-China trade deal and an improving domestic economy that led the S&P 500 and Nasdaq to record highs last week.
Trade sensitive chipmakers including Intel Corp , Micron Tech , Qualcomm Inc and Nvidia Corp rose between 0.8per cent and 1.4per cent in premarket trading. The S&P 500 and Dow Jones indexes ended Friday with their best week in nearly two months after data showed U.S. jobs growth slowed less than expected in October, easing concerns about the fallout of the trade war on domestic economy.Fresh data on Monday is expected to show U.S. factory orders falling 0.5per cent in September compared to a 0.1per cent drop in August.
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