US STOCKS-Futures higher on Ukraine, Russia optimism

miércoles 3 de septiembre de 2014 07:53 GYT

* Factory orders data, Beige Book on tap

* Toll Brothers advances after results

* Futures up: Dow 64 pts, S&P 6.75 pts, Nasdaq 12.75 pts

By Chuck Mikolajczak

NEW YORK, Sept 3 (Reuters) - U.S. stock index futures rose on Wednesday, on hopes a resolution would be reached between Ukraine and Russia and ahead of the latest batch of data which could provide insight on the health of the economy.

* Ukraine said its president had agreed with Russia's Vladimir Putin on steps towards a "ceasefire regime" in Kiev's conflict with pro-Russian rebels, but the Kremlin denied any actual truce deal, prompting confusion on the eve of a NATO summit. However, statements from both sides indicated at least some progress was being made between the two.

* Investors will look for clarity on the health of the economy with the release of July factory orders data at 10:00 a.m. (1400 GMT). Expectations call for an 11 percent rise versus the 1.1 percent increase a month earlier. Automakers will also announce August vehicle sales throughout the session.

* At 2:00 p.m. (1800 GMT), the Federal Reserve will release its Beige Book of economic activity across the nation.

* S&P 500 e-mini futures were up 6.75 points and fair value - a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract - indicated a higher open. Dow Jones industrial average e-mini futures rose 64 points and Nasdaq 100 e-mini futures added 12.75 points.   Continuación...