Futures rising in muted premarket dealings

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Associated Press

Posted on November 4, 2013 at 7:01 AM

Updated Monday, Nov 4 at 7:03 AM

NEW YORK (AP) — U.S. stock futures are rising and major U.S. averages appear ready to test record or multi-year highs again this week.

Trading was muted on Monday, however, with the delayed jobs report for October due out Friday. The report and other federal data were not released during of the 16-day partial government shutdown.

Dow Jones industrial futures are up 51 points to 15,593. S&P futures have gained 5.8 points to 1,760. Nasdaq futures are up 16.25 points to 3,384.25.

There are several corporate developments expected this week as well as earnings reports from Tesla, Whole Foods, Walt Disney and Kellogg.

Monday is the deadline for a tentative deal in which Fairfax Holdings would acquire Blackberry for $4.7 billion. And Twitter is expected to announce its initial public offering.

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