Dow Industrials Headed For 100-point Gain As Oil Rebounds

By Barbara KollmeyerMarketWatch Pulse

U.S. stock futures pointed to sharp gains for Wall Street on Friday, as oil prices pushed higher and Asian markets rose. Dow Jones Industrial Average futures jumped 133 points, or 0.8%, to 17,033, while S&P 500 futures gained 17.25 points, or 0.9%. to 1,997. Nasdaq 100 futures rose 47.50 points, or 1.1%, to 4,323.25. U.S. stocks closed little changed in volatile trading Thursday as investors brushed off fresh easing from the European Central Bank. But Asia stocks were broadly higher on Friday and crude oil rebounded, with U.S. crude up 85 cents, or 2.2%, to $38.69 a barrel. The dollar was pushing higher against the yen, trading at �113.56, rebounding from a one-week low of �112.64 late Thursday.

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